Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

5 high-yield muni bond funds to combat Brexit fears The U.K.'s vote to leave the European Union has prompted investors to allocate a substantial portion of their assets to municipal bonds, which offer tax-free income, according to Nasdaq. Munis are a big hit among investors because they attempt to provide high yields that are exempt from federal taxes. Income from these high-yield bonds also is not taxed in several states. -- Nasdaq

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