Need Almost $1100 per Month in Tax-Free Income? Invest in 8 Municipal Bond ETFs
By investing $20,000 in each of these high-yielding municipal bond ETFs, investors can generate $1,080 per month in tax-free income.
Invesco Value Municipal Income Trust is a closed-ended mutual fund focusing on fixed income investments within the United States. Managed by Invesco and its global partners, it primarily invests in investment-grade municipal securities, including bonds, notes, commercial paper, and lease obligations. The fund aims to offer investors tax-advantaged income through a carefully selected portfolio, leveraging fundamental analysis and a bottom-up security selection approach. Originally known as Invesco Insured Municipal Income Trust, it was established in 1993 and is based in the United States.
By investing $20,000 in each of these high-yielding municipal bond ETFs, investors can generate $1,080 per month in tax-free income.
These eight national high-yielding municipal bond ETFs trade below net asset value, which means the price of the funds is less than the value of the bonds in the fund.