How To Buy Bond Funds -

Bond funds are typically categorized by the issuer or the duration of the underlying bonds:

: Invest in local or state government debt. These often provide tax-exempt interest at the federal (and sometimes state) level. how to buy bond funds

You can purchase bond funds through several different channels depending on your needs: Bond funds are typically categorized by the issuer

: Platforms like Fidelity , Charles Schwab , and Vanguard allow you to buy bond-based Mutual Funds and Exchange-Traded Funds (ETFs). how to buy bond funds

: Look for "SEC Yield," which provides a standardized way to compare the interest income potential of different funds.