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Dreaming of a Tax XMPT ETF this Spring? - Vimarsana News

Dreaming of a Tax XMPT ETF this Spring?

December 15, 2020 As dreary as the thought may be, as 2020 comes to a close, it’s not too a bad idea to start thinking about taxes in 2021. For ETF investors looking to minimize income tax liability in the new year, funds like the XMPT seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund IndexSM (the “CEFMX Index”). The fund normally invests at least 80% of its total assets in investments the income from which is exempt from U.S. federal income tax (other than federal alternative minimum t...