municipal bond fund

American  

noun

1. a mutual fund that invests in municipal bonds.

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Example Sentences

The A shares of PIMCO’s Municipal Bond Fund lost 10.7 percent in the first half of the year and yield 2.6 percent.

From New York Times

When assessing an actively managed municipal bond fund, an investor should consider its team of managers and analysts — how many they number and their experience — as well as how the fund’s returns and income have held up in a variety of market conditions, she said.

From New York Times

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

At this point, the average high-grade intermediate municipal bond fund is back above water for 2020.

From New York Times

Vanguard Intermediate Term Tax-Exempt, the largest municipal bond fund, lost more than 10 percent.

From New York Times