morgan box

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For illustrative purposes only, and does not represent any specific investment.

Tax-Exempt Yields v Taxable Equivalent Yields

Federal Income Tax Rates

Federal Tax Bracket 25% 28% 33% 35%

Tax-Exempt Yield percentage Taxable Equivalent Yield percentage

3.50 4.67 4.86 5.22 5.39

4.00 5.33 5.56 5.97 6.15

4.50 6.00 6.25 6.72 6.92

For illustrative purposes only, and does not represent any specific investment.