Recession-Resistant Yields: High-Tax Equivalents Up to 12.4%
ByAinvest
Wednesday, Apr 2, 2025 9:35 am ET1min read
NEA--
The economy is slowing down, and recession is possible. Municipal bonds offer tax-free yields up to 12.4% for federal income and 17% for California residents. Closed-end funds like Nuveen AMT-Free Quality Municipal Income Fund (NEA) provide higher yields and trade at discounts to their net asset value. Muni bonds are safe with default rates around 0.1% and are secured by state "rainy day funds."
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet