Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
GNMA funds though backed by the Federal Government are still taxable by states. The first link is showing the portion of the funds that are exempt from state tax. The second link includes GNMAs plus treasuries so there is a discrepancy.
Best Wishes, SpringMan
- Posts: 4015
- Joined: 21 Mar 2007
- Location: Michigan
Thank you, SpringMan.
"I'm an indexer. I own the market. And I'm happy." (John Bogle, "BusinessWeek", 17Aug2007) | International maritime signal flag W (Whiskey): "I require medical assistance."
- Posts: 88
- Joined: 24 Jun 2012
I believe the second number includes government backed mortgages as well as government agency bonds.
- Posts: 1248
- Joined: 10 Oct 2008
Return to Investing - Theory, News & General
Who is online
Users browsing this forum: Bracket, Cb, clevername, dumpweed, HicksSt, jdilla1107, Kougar2, plannerman, StarbuxInvestor and 43 guests