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.
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.