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municipal bond fund

American  

noun

  1. a mutual fund that invests in municipal bonds.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

As of the end of June, T. Rowe Price’s oldest municipal bond fund, its Tax-Free Income Fund, was paying a yield of 3 percent, up from 2.4 percent at the end of December.

From New York Times • Jul. 15, 2022

Are you seeking a large-capitalization value fund, a small-cap growth fund, mid-cap growth and value fund, municipal bond fund, corporate bond fund, sector- or industry- specific funds, distressed asset funds?

From US News • May 17, 2016

Lyle Fitterer, municipal bond fund manager at Wells Capital Management, said he would be reluctant to participate in a bond sale if and when Puerto Rico comes to market.

From Reuters • Feb. 5, 2014

He not only invented the first “no load” money market fund — meaning no upfront fee — but also created the first tax-free municipal bond fund.

From New York Times • Jul. 30, 2011

Those funds could currently be earning about 18% in a money-market account, 14.9% in a six-month savings certificate or 13% in a tax-exempt municipal bond fund.

From Time Magazine Archive

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