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Tax-Exempt Income Fund |
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Tax-exempt income fund A mutual fund that seeks income that is exempt from federal and, in some cases, state and local income taxes. Tax-Exempt Income Fund An income fund that invests predominantly or exclusively in securities exempt from taxes, at least at the federal level. The easiest investment for such a fund is in U.S. Treasury securities. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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