Closed-end funds that invest in tax-free municipal bonds
76 of the 360 U.S. closed-end funds we cover invest in tax-free municipal bonds.
They are run by 17 firms; the largest are Nuveen (23), BlackRock (14) and Invesco (10).
At 6 of them a large investor is pushing for changes.
2 have a buy-back, a vote or a closing open right now.
Yearly costs run from 0.3% to 4.5%.
76 funds
Sort by: name · yearly cost · borrowing · size
- MFM - Aberdeen Municipal Income Fund
Run by abrdn. Invests in tax-free municipal bonds. Costs 2.8% a year. Borrows 29%. - AFB - AllianceBernstein National Municipal Income Fund
Run by AllianceBernstein. Invests in tax-free municipal bonds. Costs 3.7% a year. Borrows 41%. - BMN - BlackRock 2037 Municipal Target Term Trust
Run by BlackRock. Invests in tax-free municipal bonds. Costs 2.2% a year. Borrows 40%. - BTA - BlackRock Long-Term Municipal Advantage Trust
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.7% a year. Borrows 39%. - MUA - BlackRock MuniAssets Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 2.6% a year. Borrows 34%. - BTT - BlackRock Municipal 2030 Target Term Trust
Run by BlackRock. Invests in tax-free municipal bonds. Costs 2.5% a year. Borrows 35%. - MUC - BlackRock MuniHoldings California Quality Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 42%. - MHD - BlackRock MuniHoldings Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.3% a year. Borrows 42%. - MUJ - BlackRock MuniHoldings New Jersey Quality Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.1% a year. Borrows 40%. - MIY - BlackRock MuniYield Michigan Quality Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 40%. - MYN - BlackRock MuniYield New York Quality Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 42%. - MPA - BlackRock MuniYield Pennsylvania Quality Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.1% a year. Borrows 38%. - MYI - BlackRock MuniYield Quality Fund III
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 42%. - MQY - BlackRock MuniYield Quality Fund
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.3% a year. Borrows 42%. - BBN - BlackRock Taxable Municipal Bond Trust
Run by BlackRock. Invests in tax-free municipal bonds. Costs 3.1% a year. Borrows 36%. - BHV - BlackRock Virginia Municipal Bond Trust
Run by BlackRock. Invests in tax-free municipal bonds. Costs 4.4% a year. Borrows 40%. - DMB - BNY Mellon Municipal Bond Infrastructure Fund
Run by BNY Mellon. Invests in tax-free municipal bonds. Costs 4.1% a year. Borrows 37%. - DSM - BNY Mellon Strategic Municipal Bond Fund
Run by BNY Mellon. Invests in tax-free municipal bonds. Costs 2.7% a year. Borrows 35%. - LEO - BNY Mellon Strategic Municipals
Run by BNY Mellon. Invests in tax-free municipal bonds. Costs 2.6% a year. Borrows 34%. - DTF - DTF Tax-Free Income 2028 Term Fund
Run by Virtus (Duff & Phelps). Invests in tax-free municipal bonds. Costs 1.1% a year. Borrows 4%. - KTF - DWS Municipal Income Trust
Run by DWS. Invests in tax-free municipal bonds. Costs 0.9% a year. Borrows 37%. - CEV - Eaton Vance California Municipal Income Trust
Run by Eaton Vance. Invests in tax-free municipal bonds. Costs 2.5% a year. Borrows 42%. - EIM - Eaton Vance Municipal Bond Fund
Run by Eaton Vance. Invests in tax-free municipal bonds. Costs 2.3% a year. Borrows 31%. - ETX - Eaton Vance Municipal Income 2028 Term Trust
Run by Eaton Vance. Invests in tax-free municipal bonds. Costs 0.9% a year. Borrows 4%. - EVN - Eaton Vance Municipal Income Trust
Run by Eaton Vance. Invests in tax-free municipal bonds. Costs 2.5% a year. Borrows 35%. - EOT - Eaton Vance National Municipal Opportunities Trust
Run by Eaton Vance. Invests in tax-free municipal bonds. Costs 1.3% a year. Borrows 13%. - FMN - Federated Hermes Premier Municipal Income Fund
Run by Federated Hermes. Invests in tax-free municipal bonds. Costs 1% a year. Borrows 39%. - PMM - Franklin Managed Municipal Income Trust
Run by Franklin Templeton. Invests in tax-free municipal bonds. Costs 1.1% a year. Borrows 7%. - PMO - Franklin Municipal Opportunities Trust
Run by Franklin Templeton. Invests in tax-free municipal bonds. Costs 1% a year. Borrows 7%. - GBAB - Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
Run by Guggenheim. Invests in tax-free municipal bonds. Costs 2.8% a year. Borrows 32%. - VKI - Invesco Advantage Municipal Income Trust II
Run by Invesco. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 38%. - VCV - Invesco California Value Municipal Income Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 38%. - OIA - Invesco Municipal Income Opportunities Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 2.4% a year. Borrows 28%. - VMO - Invesco Municipal Opportunity Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 38%. - VKQ - Invesco Municipal Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 38%. - VPV - Invesco Pennsylvania Value Municipal Income Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 3.1% a year. Borrows 37%. - IQI - Invesco Quality Municipal Income Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 2.8% a year. Borrows 35%. - VGM - Invesco Trust for Investment Grade Municipals
Run by Invesco. Invests in tax-free municipal bonds. Costs 3% a year. Borrows 37%. - VTN - Invesco Trust for Investment Grade New York Municipals
Run by Invesco. Invests in tax-free municipal bonds. Costs 2.6% a year. Borrows 33%. - IIM - Invesco Value Municipal Income Trust
Run by Invesco. Invests in tax-free municipal bonds. Costs 2.9% a year. Borrows 35%. - NBH - Neuberger Municipal Fund
Run by Neuberger Berman. Invests in tax-free municipal bonds. Costs 3.9% a year. Borrows 42%. - NVG - Nuveen AMT-Free Municipal Credit Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.6% a year. Borrows 43%. - NUW - Nuveen AMT-Free Municipal Value Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.7% a year. Borrows 8%. - NEA - Nuveen AMT-Free Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.5% a year. Borrows 42%. - NAZ - Nuveen Arizona Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.6% a year. Borrows 38%. - NKX - Nuveen California AMT-Free Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.8% a year. Borrows 41%. - NCA - Nuveen California Municipal Value Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.5% a year. Does not borrow. - NAC - Nuveen California Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.8% a year. Borrows 40%. - NDMO - Nuveen Dynamic Municipal Opportunities Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 2.8% a year. Borrows 34%. - NMT - Nuveen Massachusetts Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.5% a year. Borrows 39%. - NMS - Nuveen Minnesota Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.7% a year. Borrows 41%. - NZF - Nuveen Municipal Credit Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.6% a year. Borrows 41%. - NMCO - Nuveen Municipal Credit Opportunities Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 4.5% a year. Borrows 43%. - NMZ - Nuveen Municipal High Income Opportunity Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.5% a year. Borrows 40%. - NMI - Nuveen Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.7% a year. Does not borrow. - NUV - Nuveen Municipal Value Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.7% a year. Borrows 7%. - NRK - Nuveen New York AMT-Free Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.7% a year. Borrows 43%. - NNY - Nuveen New York Municipal Value Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.6% a year. Does not borrow. - NAN - Nuveen New York Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.8% a year. Borrows 40%. - NAD - Nuveen Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.7% a year. Borrows 42%. - NIM - Nuveen Select Maturities Municipal Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.6% a year. Borrows 2%. - NXP - Nuveen Select Tax-Free Income Portfolio
Run by Nuveen. Invests in tax-free municipal bonds. Costs 0.3% a year. Borrows 3%. - NBB - Nuveen Taxable Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.2% a year. Borrows 5%. - NPV - Nuveen Virginia Quality Municipal Income Fund
Run by Nuveen. Invests in tax-free municipal bonds. Costs 3.5% a year. Borrows 41%. - MMD - NYLI MacKay DefinedTerm Muni Opportunities Fund
Run by New York Life (MainStay). Invests in tax-free municipal bonds. Costs 2.7% a year. Borrows 37%. - PCQ - PIMCO California Municipal Income Fund
Run by PIMCO. Invests in tax-free municipal bonds. Costs 2.6% a year. Borrows 40%. - PML - PIMCO Municipal Income Fund II
Run by PIMCO. Invests in tax-free municipal bonds. Costs 3% a year. Borrows 42%. - PNI - PIMCO New York Municipal Income Fund II
Run by PIMCO. Invests in tax-free municipal bonds. Costs 2.9% a year. Borrows 39%. - RFMZ - RiverNorth Flexible Municipal Income Fund II
Run by RiverNorth. Invests in tax-free municipal bonds. Costs 4.4% a year. Does not borrow. - RFM - RiverNorth Flexible Municipal Income Fund
Run by RiverNorth. Invests in tax-free municipal bonds. Costs 4.5% a year. Does not borrow. - RMMZ - RiverNorth Managed Duration Municipal Income Fund II
Run by RiverNorth. Invests in tax-free municipal bonds. Costs 4.5% a year. Does not borrow. - RMM - RiverNorth Managed Duration Municipal Income Fund
Run by RiverNorth. Invests in tax-free municipal bonds. Costs 4.3% a year. Does not borrow. - RMI - RiverNorth Opportunistic Municipal Income Fund
Run by RiverNorth. Invests in tax-free municipal bonds. Costs 4.4% a year. Does not borrow. - SBI - Western Asset Intermediate Muni Fund
Run by Western Asset. Invests in tax-free municipal bonds. Costs 2.6% a year. Borrows 31%. - MMU - Western Asset Managed Municipals Fund
Run by Western Asset. Invests in tax-free municipal bonds. Costs 2.7% a year. Borrows 35%. - MHF - Western Asset Municipal High Income Fund
Run by Western Asset. Invests in tax-free municipal bonds. Costs 0.8% a year. Borrows 2%.