SalilGangal.COM - Tax Equivalent Yield

Salil's - Tax Equivalent Yield Calculator

Enter 30 day SEC yield (7-day yield for Money Market):

Enter marginal federal income tax rate:

Enter marginal state income tax rate (California = 9.3):

Enter marginal city/local income tax rate (Santa Clara = 0):

Is the yield Federal Tax-Exempt? (Municipal Bonds are):

Is the yield State Tax-Exempt?

Is the yield City/Local Tax-Exempt

Do you itemize deductions?

Yes No

The tax-equivalent yield is:

Calculation/logic given here is believed to be accurate.
Salil disclaims all the liabilities.

Salil's - Often Used Securities

California Municipal Bond ETFs / Mutual Funds
PWZ , CXA , VCAIX , VCITX , USCBX

Tax Exempt Bond ETFs / Open Ended Mutual Funds
ITM , TFI , MUB , HYD , HYMB , MLN , VWAHX , VWITX , VWITX , VWLTX

Tax Exempt Close Ended Mutual Funds
BFK , BKN , BTT , BYM , CEV , EXD , KTF , MMD , NCU , NMZ , NVC , PCK , PZC , VKI , VGM