Summary
The 7.1% Monthly Payout the IRS Can't Touch and Wall Street Just Noticed
Investors who bought the iShares National Muni Bond ETF (NYSEARCA:MUB) did so for a good reason: it is the cheapest, most liquid way to own a diversified basket of federally tax-free municipal bonds.
Your Muni Income Is Invisible to One Tax Break and Fatal to Another
If you own the iShares National Muni Bond ETF (NYSEARCA:MUB), you likely bought it for one reason: federally tax-exempt income at a rock-bottom price.
Dividend Safety Check: Bond ETFs for Reliable Income (MUB, BND)
For retirees and conservative income investors weighing bond ETFs, two funds dominate the conversation: the iShares National Muni Bond ETF (NYSEARCA:MUB) and the Vanguard Total Bond Market ETF (NASDAQ:BND).
iShares National Muni Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 113,453 | $12.17M | $11.99M | -$184,616.54 | -1.52% |
 Curtis Ellergodt Rothschild Investment LLC | 3,643 | $387,268.24 | $384,919.38 | -$2,348.86 | -0.61% |
 Tom McDonald Richards, MERRILL & PETERSON Inc. | 3,750 | $401,663 | $396,150 | -$5,513 | -1.37% |
| BN Beth Nauman UNIVEST FINANCIAL Corp. | 148,493 | $15.99M | $15.73M | -$255,571.89 | -1.6% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 2.81M | $302.23M | $297.51M | -$4.72M | -1.56% |
iShares National Muni Bond ETF (MUB) FAQ
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iShares National Muni Bond ETF Profile
| ARCA Exchange | US Country |
Overview
The company operates within the financial sector, focusing on investment opportunities that are designed to be favorable for tax-conscious investors. Specifically, the entity specializes in managing a fund that primarily invests in municipal bonds. These bonds are attractive because the interest they generate is exempt from Federal income tax and is not considered under the alternative minimum tax (AMT), making them an appealing choice for individuals looking to minimize their tax liabilities. The strategic approach of the fund is to closely follow its underlying index by investing a significant portion of its assets in the securities that comprise the index, as well as in similar fixed income securities that support the overall investment objective of tracking the index performance.
Products and Services
- Municipal Bond Investments
This service involves the investment in municipal bonds that are exempt from Federal income tax, a key advantage for those looking to earn interest free from federal taxes. This product is particularly suited to investors seeking to enhance their after-tax income, as it focuses on bonds that are not affected by the alternative minimum tax (AMT). The fund's strategic investment in these bonds aligns with its goal to offer tax-efficient income solutions to its clients.
- Index-aligned Fixed Income Securities
Committed to tracking the performance of its underlying index, the fund invests at least 80% of its assets in the component securities of the specific index. Furthermore, to ensure adherence to its investment objective, at least 90% of the fund's assets are allocated to various types of fixed income securities that are represented in the underlying index. This strategy is crafted by BlackRock Advisors, LLC (BFA), with the belief that such a focused investment approach is crucial for mirroring the index's performance. This service underscores the fund's dedication to achieving the balance between risk and return, catering to investors who prioritize index-based investment outcomes.
