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These Are The 10 Top Muni Single State Intermediate Funds

Jacob Scott

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At times of uncertainty, investing in bonds from state and local governments is one of the best available investment options. Along with giving decent returns, these bonds are less risky as well. Also, the income from these bonds is generally exempt from federal taxes, as well as from state taxes in the issuing state. The best way to invest in these bonds is through muni single state intermediate portfolios. These funds invest in a portfolio of such bonds, and usually in bonds from only one state. Let’s take a look at the ten top muni single state intermediate funds.

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Top Ten Muni Single State Intermediate Funds

We have referred to the last one year data (from U.S. News) to come up with the top ten muni single state intermediate funds. These are the top ten muni single state intermediate funds:

Wells Fargo Wisconsin Tax-Free Fund (WWTFX, 2.96%)

Allspring Wisconsin Tax-Free Fund (MUTF:WWTFX) may invest in securities of any maturity, but its dollar-weighted average effective maturity is usually between 3 and 20 years. It has given a return of over 1.30% in the last six months and over 4.10% in the last three years. WWTFX has over $170 million in total assets. The top two holdings of the fund are: WISCONSIN HSG & ECONOMIC DEV AUTH HSG REV 0.03% and APPLETON WIS REDEV AUTH REDEV REV 0.09%.

Dupree Kentucky Tax-Free Income SeriesFd (KYTFX, 3.17%)

Dupree Mutual Fund Kentucky Tax-Free Income Fund (MUTF:KYTFX) invests in investment grade quality municipal securities. It has given a return of over 1.70% in the last six months and over 4.80% in the last three years. KYTFX has over $1 billion in total assets. The top two holdings of the fund are: LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS REV 5% and KENTUCKY ST PPTY & BLDGS COMMN REVS 5%.

BNY Mellon Connecticut Fund (PSCTX, 3.52%)

BNY Mellon Connecticut Fund (MUTF:PSCTX) invests a minimum of 70% of its assets that, at the time of investment, were rated investment grade. It has given a return of over 1.30% in the last six months and over 4.30% in the last three years. PSCTX has over $198 million in total assets. The top two holdings of the fund are: CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5.25% and CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%.

Eaton Vance MD Municipal Income Fund (ETMDX, 3.66%)

Eaton Vance Maryland Municipal Income Fund (MUTF:ETMDX) invests at least 75% of its net assets in municipal obligations that are rated investment grade at the time of investing. It has given a return of over 1.20% in the last six months and over 4.30% in the last three years. ETMDX has over $98 million in total assets. The top two holdings of the fund are: MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25% and WASHINGTON SUBN SAN DIST MD 0.02%.

Segall Bryant & Hamill Colorado TaxFr Fd (WTCOX, 3.73%)

Segall Bryant & Hamill Colorado Tax Free Fund (MUTF:WTCOX) mainly invests in investment-grade quality municipal bonds that are rated among the top three investment-grade categories. It has given a return of over 1.50% in the last six months and over 4.80% in the last three years. WTCOX has over $560 million in total assets. The top two holdings of the fund are: COLORADO HEALTH FACS AUTH REV 0.02% and DENVER COLO CITY & CNTY DEDICATED TAX REV 5%.

USAA Virginia Bond Fund (USVAX, 3.75%)

USAA Virginia Bond Fund (MUTF:USVAX) doesn’t restrict its portfolio to any specific maturity, but the average portfolio maturity is usually more than 10 years. It has given a return of over 1.60% in the last six months and over 4.50% in the last three years. USVAX has over $750 million in total assets. The top two holdings of the fund are: HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5% and VIRGINIA SMALL BUSINESS FING AUTH REV 4%.

Brown Advisory Maryland Bond Fund (BIAMX, 3.8%)

Along with investing in bonds from Maryland, Brown Advisory Maryland Bond Fund (MUTF:BIAMX) may also invest in municipal securities issued by other states. It has given a return of over 1.30% in the last six months and over 4% in the last three years. BIAMX has over $185 million in total assets. The top three holdings of the fund are: BALTIMORE CNTY MD 5%, BALTIMORE CNTY MD 4% and PRINCE GEORGES CNTY MD 4%.

AB Municipal Income II Arizona Portfolio (AAZAX, 4.56%)

AB Municipal Income Fund II Arizona Portfolio (MUTF:AAZAX) invests in high-yielding and primarily investment grade municipal securities. It has given a return of over 1.8% in the last six months and over 4.3% in the last three years. AAZAX has over $120 million in total assets. The top three holdings of the fund are: MESA ARIZ EXCISE TAX REV 5%, AB Government Money Market AB and ARIZONA BRD REGENTS UNIV ARIZ SYS REV 5%.

AB Municipal Income II Virginia Port (AVAAX, 4.9%)

AB Municipal Income Fund II Virginia Portfolio (MUTF:AVAAX) invests in the municipal securities of Virginia that are exempt from Virginia state income taxes. It has given a return of more than 1.9% in the last six months and over 4.5% in the last three years. AVAAX has over $240 million in total assets. The top two holdings of the fund are: AB Government Money Market AB and VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG.

Colorado Bondshares A Tax Exempt Fund (HICOX, 6.71%)

Colorado Bond Shares A Tax Exempt Fund (MUTF:HICOX) invests in tax-exempt bonds and other tax-exempt securities of the State of Colorado. It has given a return of more than 2.3% in the last six months and over 5.5% in the last three years. HICOX has over $1.7 billion in total assets. The top three holdings of the fund are: COLORADO EDL & CULTURAL FACS AUTH REV 4.375%, RAVENNA MET DIST COLO 5% and MEADOWS MET DIST COLO 7.999%.

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‘Moon Knight’ Took Marvel in a Different Orbit, but It Didn’t Rise to the Occasion

Jacob Scott

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Before anyone writes that off as an anomaly, “Eternals” tackled a similar introduction of a dense mythology on the bigger screen, with equally mixed results. It’s a reminder that while film-goers have had more than a decade to get to know characters like Iron Man, Captain America and Thor, introducing some of these lesser-known heroes can pose a more formidable challenge beyond catering to the most ardent fans.
For Marvel, there are warning signs in that, since “Moon Knight” will be followed by several series based on second-tier characters, although the next two on the horizon, “Ms. Marvel” (which is due in June) and “She-Hulk,” at least have the benefit of sharing franchises and name recognition with existing Avengers.
Ultimately, “Moon Knight’s” murky storytelling appeared to squander its principal assets, which included the cool look of the character — a costume that was too seldom used — and the presence of Isaac, who possesses additional genre credentials via the “Star Wars” sequels.

Taking its time in peeling back the layers of the character’s complicated backstory, “Moon Knight” took a weird plunge into the Egyptian mythology behind it, in ways that became increasingly confounding and surreal.

By the time the protagonist’s two halves, Steven Grant and Marc Spector, wound up in a psychiatric hospital talking to an anthropomorphic hippo in the penultimate chapter, the question wasn’t so much being able to keep up with the story as whether bothering to do so was worth the effort.

The sixth and final episode brought the plot to a messy close, seeking to stop the goddess Ammit from proceeding to “purify the souls of Cairo, and then the world.” In the customary credit sequence, the producers capped that off by introducing a third personality, Jake Lockley, also rooted in the comics. While that seemingly spelled the end for the show’s villain (Ethan Hawke), the finish — giving the god Khonshu the protégé he sought — paved the way for further adventures should Marvel so choose.

That last twist might be cause for celebration in narrower confines of the Marvel fan universe, but “Moon Knight” too often felt like it was one long Easter-egg sequence, conspicuously preaching to that choir.

Granted, Marvel has made clear that Disney+ offers the chance to explore different kinds of stories, but “Moon Knight” feels at best like a quirky showcase for Isaac and at worst a failed experiment in terms of execution and tone.

That doesn’t mean this “Moon” won’t somehow rise again, if the closely held streaming data justifies it. But the promise that surrounded this property has faded, providing further evidence that even Marvel isn’t immune from setbacks as it moves into its next phase.

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Start-up Pony.ai says it’s the first self-driving company to get a taxi license in China

Jacob Scott

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Autonomous driving start-up Pony.ai can collect fares for robotaxi rides in parts of two major Chinese cities as of Sunday.

Pony.ai handout

BEIJING — Self-driving start-up Pony.ai announced Sunday it received a taxi license, the first of its kind in China.

The license allows Pony.ai to operate 100 self-driving cars as traditional taxis in the Nansha district of the southern city of Guangzhou, the company said.

The Chinese start-up, which is backed by Toyota, received approval from Beijing city late last year to charge fees to operate a commercial robotaxi business in a suburban district of the city. It is not the same as a taxi licence.

Baidu’s Apollo Go also received approval in the same Beijing district last year.

Pony.ai was valued at $8.5 billion in early March. The company said its Nansha taxi license required 24 months of autonomous driving testing in China and/or other countries, and no involvement in any active liability traffic accidents, among other factors.

The start-up said it plans to launch commercial robotaxi businesses in two other large Chinese cities next year. The company is already testing self-driving cars in those cities and in California. 

Robotaxis in China currently have a human driver present for safety.

— CNBC’s Arjun Kharpal contributed to this report.

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How to watch Timberwolves vs. Grizzlies: TV channel, NBA live stream info, start time

Jacob Scott

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Who’s Playing

Memphis @ Minnesota

Current Records: Memphis 2-1; Minnesota 1-2

What to Know

The Memphis Grizzlies’ road trip will continue as they head to Target Center at 10 p.m. ET this past Saturday to face off against the Minnesota Timberwolves. Memphis will be strutting in after a win while Minnesota will be stumbling in from a loss.

The Grizzlies are hoping for another victory. They beat the Timberwolves 104-95 this past Thursday. The victory came about thanks to a strong surge after the first quarter to overcome a 39-21 deficit. Memphis’ success was spearheaded by the efforts of power forward Brandon Clarke, who had 20 points in addition to eight rebounds, and shooting guard Desmond Bane, who shot 7-for-15 from beyond the arc and finished with 26 points and six boards.

Barring any buzzer beaters, Memphis is expected to win a tight contest. They might be worth taking a chance on against the spread as they are currently on a two-game streak of ATS wins.

Memphis’ win brought them up to 2-1 while the Timberwolves’ defeat pulled them down to a reciprocal 1-2. A couple offensive stats to keep in the back of your head while watching: The Grizzlies come into the game boasting the second most points per game in the league at 115.6. But Minnesota is even better: they rank first in the league when it comes to points per game, with 115.9 on average. Tune in for what’s sure to be a high-scoring contest.

How To Watch

When: Saturday at 10 p.m. ET Where: Target Center — Minneapolis, Minnesota TV: ESPN Online streaming: fuboTV (Try for free. Regional restrictions may apply.) Follow: CBS Sports App Ticket Cost: $76.96

Odds

The Grizzlies are a slight 2.5-point favorite against the Timberwolves, according to the latest NBA odds.

The oddsmakers had a good feel for the line for this one, as the game opened with the Grizzlies as a 3-point favorite.

Over/Under: -110

See NBA picks for every single game, including this one, from SportsLine’s advanced computer model. Get picks now.

Series History

Memphis have won 19 out of their last 28 games against Minnesota.

Apr 21, 2022 – Memphis 104 vs. Minnesota 95 Apr 19, 2022 – Memphis 124 vs. Minnesota 96 Apr 16, 2022 – Minnesota 130 vs. Memphis 117 Feb 24, 2022 – Minnesota 119 vs. Memphis 114 Jan 13, 2022 – Memphis 116 vs. Minnesota 108 Nov 20, 2021 – Minnesota 138 vs. Memphis 95 Nov 08, 2021 – Memphis 125 vs. Minnesota 118 May 05, 2021 – Memphis 139 vs. Minnesota 135 Apr 02, 2021 – Memphis 120 vs. Minnesota 108 Jan 13, 2021 – Memphis 118 vs. Minnesota 107 Jan 07, 2020 – Memphis 119 vs. Minnesota 112 Dec 01, 2019 – Memphis 115 vs. Minnesota 107 Nov 06, 2019 – Memphis 137 vs. Minnesota 121 Mar 23, 2019 – Minnesota 112 vs. Memphis 99 Feb 05, 2019 – Memphis 108 vs. Minnesota 106 Jan 30, 2019 – Minnesota 99 vs. Memphis 97 Nov 18, 2018 – Memphis 100 vs. Minnesota 87 Apr 09, 2018 – Minnesota 113 vs. Memphis 94 Mar 26, 2018 – Memphis 101 vs. Minnesota 93 Dec 04, 2017 – Memphis 95 vs. Minnesota 92 Feb 04, 2017 – Memphis 107 vs. Minnesota 99 Nov 19, 2016 – Memphis 93 vs. Minnesota 71 Nov 01, 2016 – Minnesota 116 vs. Memphis 80 Oct 26, 2016 – Memphis 102 vs. Minnesota 98 Mar 16, 2016 – Minnesota 114 vs. Memphis 108 Feb 19, 2016 – Memphis 109 vs. Minnesota 104 Jan 23, 2016 – Minnesota 106 vs. Memphis 101 Nov 15, 2015 – Memphis 114 vs. Minnesota 106

Injury Report for Minnesota

No Injury Information

Injury Report for Memphis

Dillon Brooks: Game-Time Decision (Foot) Santi Aldama: Out (Knee) Killian Tillie: Out (Knee)

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