We think a fund that can reduce your taxes is worth a good, long look. If you're in a higher tax bracket, and would like to reduce the tax bite on your unearned income, tax-free funds can be very attractive. 

Tax-free funds invest in state and local municipal bonds. The income from these municipal bonds is tax-free at the National level, and can also provide state and local tax relief in the state in which they are offered.

For investors who live in Virginia, we offer a fund that provides income free of both state and national taxes.

Tax-Exempt Yield Taxable-Equivalent Yield Your Federal Tax Bracket 28% 31% 36% 39.6% 2% 2.8% 2.9% 3.1% 3.3% 3% 4.2 4.4 4.7 5.0 4% 5.6 5.8 6.3 6.6 5% 6.9 7.2 7.8 8.3 6% 8.3 8.7 9.4 9.9 7% 9.7 10.1 10.9 11.6

These comparisons are based on actual income subject to federal tax deduction of state and local income taxes and exemptions. Tax rates and equivalent yields may vary depending on family size and nature and amount of itemized deductions. Chart is for illustrative purposes only and is not intended to represent an investment in or performance of any Mosaic fund.

Mosaic Tax-Free Funds

Mosaic Tax-Free National Fund

Mosaic Tax-Free Virginia

Tax-Free National invests in a variety of securities issued by state and local governments seeking higher yields free from federal income tax. Mosaic Tax-Free Virginia Fund seeks dividend income free of both federal and state income tax for those residing in Virginia.

A portion of the income received by investors may be subject to the Alternate Minimum Tax.