8:12am ET
Investing
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.
Companies
DWS Municipal Income Trust
$8.77
▼ $0.04 (−0.46%) today
Markets open · 3:52pm ET
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About DWS Municipal Income Trust
DWS Municipal Income Trust is a closed-ended mutual fund focusing on fixed income investments across the United States. It specializes in investment-grade, tax-exempt municipal securities that are not subject to federal income tax. The fund aims for securities with a minimum rating of Baa or BBB from major rating agencies. It compares its performance with the Barclays Municipal Bond Index. Established in 1988, it offers investors a way to access the municipal bond market.
KTF Coverage
7:41am ET
Investing
Want Over $1000 per Month in Tax-Free Income? Buy These 8 Municipal Bond ETFs
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.