3 Big Dividends The IRS Can't Touch [Forbes]
Blackrock MuniYield California Fund, Inc. (MYC)
US:NYSE Investor Relations:
blackrock.com/investing/products/240203/blackrock-muniyield-california-fund-inc-usd-fund
Company Research
Source: Forbes
3 Big Dividends The IRS Can't Touch Getty What if I told you I’d found a way to protect your portfolio from this twitchy market without giving up big gains (and income)? My guess is you’d be interested—if a little skeptical. I get that. A skeptic is a good thing to be, in investing and pretty much everything else. So let me tell you right away that I’m talking about one of the most unsexy investments you can think of—but also one poised for some very nice gains as volatility drives scared investors to look beyond stocks. I’m talking about municipal bonds, debts issued by state and local governments to fund badly needed infrastructure projects. And no matter how much the politicians bicker, you can take this to the bank: trillions of infrastructure cash will be spent The Only Investment the Government Pays You to Own Here’s the funny thing: not only do governments issue “munis,” they pay you to own them! They do it through an indirect subsidy: muni bonds’ dividends are tax-free for mos
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