A STRAIGHTFORWARD INCOME? INVEST IN HIGHWAYS.

Tax-free municipal bonds are issued by state and local governments to raise money for major infrastructure projects, such as local roads, hospitals and stadiums. Like any borrower, state and local governments pay interest to investors who hold the bonds. But what sets them apart are two important investing benefits. 1. Potential Safety of Principal

When investing in municipal bonds, investors are paid back the full face value of their investment at maturity or earlier if called, unless the bond defaults. This is important because many investors, particularly those nearing retirement or in retirement, are concerned about protecting their principal. In June of 2017, Moody’s published research that showed that rated investment grade municipal bonds had an average cumulative 10-year default rate of just 0.09% between 1970 and 2016.* That means while there is some risk of principal loss, investing in rated investment-grade municipal bonds can be an important part of your portfolio.

2. Potential Tax-Free Income

Income from municipal bonds is not subject to federal income tax and, depending on where you live, may also be exempt from state and local taxes. Tax-free income can be a big attraction for many investors.

About Hennion & Walsh

Since 1990 Hennion & Walsh has specialized in investment-grade taxfree municipal bonds. The company supervises over $3 billion in assets in over 16,000 accounts, providing individual investors with institutional quality service and personal attention.

Our FREE Gift To You

In case you want to know more about the benefits of tax-free Municipal Bonds, our specialists have created a helpful Bond Guide for investors. It’s free and comes with no obligation whatsoever.