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.
NYSE: VKQ
Invesco Municipal Trust is a closed-ended fixed income mutual fund, primarily focusing on investment grade municipal securities such as bonds, notes, commercial paper, and lease obligations. Managed by a team under Invesco Ltd., including various global Invesco entities, it aims to generate income through a fundamental, bottom-up security selection approach. Originally known as Invesco Van Kampen Municipal Trust, it was established in 1991 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 Municipal Trust is a closed-ended fixed income mutual fund, primarily focusing on investment grade municipal securities such as bonds, notes, commercial paper, and lease obligations.