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ETF Bond Type: California Munis

ETFs, or exchange-traded funds, are investment vehicles that are traded on stock exchanges. ETFs typically track an underlying index, such as the S&P 500, and can be bought and sold throughout the day like stocks. California Munis ETFs are ETFs that invest in bonds issued by California municipalities. These bonds are typically exempt from federal, state, and local taxes, making them attractive to investors who are looking for tax-advantaged investments. California Munis ETFs offer a way to invest in a basket of California municipal bonds without having to purchase each bond individually. This can provide diversification and help to reduce risk. ETFs also tend to be more liquid than individual bonds, making them easy to buy and sell.

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