Tax Advantages for Missouri and Kansas
You can get additional financial benefits from:
The National Tax-Free Intermediate Bond
Missouri Tax-Free Intermediate Bond
Kansas Tax-Free Intermediate Bond Fund's
Distributions from these funds will generally constitute tax-exempt income for shareholders for federal income tax purposes.
It is possible, depending on the Funds' investments, that a portion of the Funds' distributions could be taxable to shareholders as ordinary income or capital gains. Moreover, although distributions are exempt for federal income tax purposes, they will generally constitute taxable income for state and local income tax purposes except that, subject to limitations that vary depending on the state, distributions from interest paid by a state or municipal entity may be exempt from tax in that state. As always, consult with your tax adviser for specific guidance on your investment in the Commerce Funds.