The Legend Group of Arizona, James Leos Agency - Taxable Equivalent Yield : Calculator: Taxable Equivalent Yield

Municipal bonds are sold by cities, counties, states and other political bodies (public hospital, school district).

The federal government and its agencies do not sell municipal bonds. However, most municipals are free of federal taxes. Because of this, the stated interest rate on municipals is typically lower than comparable non tax-exempt bonds.

How much would you have to receive from a taxable bond to realize an equivalent yield? You can find the answer by entering the following information:

Neither Legend Equities nor its representatives give legal or tax advice. If you want specific legal and/or tax advice, please contact an attorney and/or an accountant. All calculations, illustrations, and computations are for illustrative purposes only--the accuracy of such are not guaranteed. Securities Offered through Legend Equities Corporation, Member FINRA and SIPC. Advisory services offered through Legend Advisory Corporation, a registered investment adviser. Branch office: 655 North Alvernon Way, Suite 219 Tucson, AZ 85719 (520) 751-9798. To visit the FINRA site, please click on the following link: www.finra.org

Before investing in a mutual fund, consider its investment objectives, risks, charges and expenses. The prospectus contains this and other information about the mutual fund and can be obtained by contacting Legend Equities Corporation. Please read the prospectus carefully before you invest or send money.