ADTULX

About ADTULX

Advisors Disc Trust 230 Tax Exempt Fund is an open-end mutual fund that focuses on generating income exempt from federal taxation through investments in municipal securities. The fund primarily holds a diversified portfolio of tax-exempt municipal bonds, which are typically issued by state and local governments to finance public projects. These municipal bonds are generally investment grade, ensuring a focus on credit quality as part of the fund's risk management. By emphasizing securities whose interest payments are free from regular federal income tax, the fund appeals to investors seeking tax-advantaged income. Its structure as a mutual fund allows for pooled diversification across regions and issuers, helping to mitigate issuer-specific risks. The fund serves an important role in the market by offering individual investors efficient access to the municipal bond sector, which might otherwise require significant resources or expertise to navigate directly. It is particularly relevant for investors in higher tax brackets or those with a preference for stable, tax-sensitive income.