I have a balanced account that includes bonds and various classifications of Mutual Funds. What are the most tax efficient to be held in a taxable account?
Among stock funds, broad-market index funds and tax-managed funds are generally tax-efficient because they typically generate lower levels of capital gains, short- or long-term.
For bonds you want municipal bond funds, preferably in the state you live in.
Among stock funds, broad-market index funds and tax-managed funds are generally tax-efficient because they typically generate lower levels of capital gains, short- or long-term.
For bonds you want municipal bond funds, preferably in the state you live in.
References :
https://personal.vanguard.com/VGApp/hnw/planningeducation/general/PEdGPTaxSavPutMoneyAcctTypesContent.jsp
https://personal.vanguard.com/VGApp/hnw/planningeducation/general/PEdGPTaxSavTaxExemptAcctsContent.jsp