Massachusetts Municipal Bond

Massachusetts Municipal Bond Funds and ETFs invest in debt obligations issued by... Massachusetts Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Massachusetts. These funds typically include revenue bonds and general obligation bonds with various maturity dates. Revenue bonds are linked to projects, while general obligation bonds are repaid from general government finances. Massachusetts has issued around $100 billion of municipal bonds, putting it in the top 10 of states by issuance. There are significant amounts of bonds issued for housing as well as schools. There are 14 counties in Massachusetts. Voters typically must approval county and school district bond issuance. The state of Massachusetts also issues general obligation bonds to fund its operations. Investors buy municipal bonds because they can benefit from attractive after-tax yields. Generally speaking, municipal bonds are exempt from federal tax, and also exempt from state tax if purchased by an in-state resident. Last Updated: 04/18/2024 View more View less

Massachusetts Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Massachusetts. These funds typically include revenue bonds and general obligation bonds with... Massachusetts Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Massachusetts. These funds typically include revenue bonds and general obligation bonds with various maturity dates. Revenue bonds are linked to projects, while general obligation bonds are repaid from general government finances. Massachusetts has issued around $100 billion of municipal bonds, putting it in the top 10 of states by issuance. There are significant amounts of bonds issued for housing as well as schools. There are 14 counties in Massachusetts. Voters typically must approval county and school district bond issuance. The state of Massachusetts also issues general obligation bonds to fund its operations. Investors buy municipal bonds because they can benefit from attractive after-tax yields. Generally speaking, municipal bonds are exempt from federal tax, and also exempt from state tax if purchased by an in-state resident. Last Updated: 04/18/2024 View more View less