GOVT
iShares U.S. Treasury Bond ETF
stock BATS ETF

You are right. We have no clue that the underlying investment can be proven to be agri income. Tax free ONLY IF IT WILL CONSIDER IT AS OUR INVESTING IN AGRI AS LLP PARTNERS. BOTH DICEY AS GOVT IS VERY STRINGENT AND STRICT IN VERIFYING

You are right. We have no clue that the underlying investment can be proven to be agri income. Tax free ONLY IF IT WILL CONSIDER IT AS OUR INVESTING IN AGRI AS LLP PARTNERS. BOTH DICEY AS GOVT IS VERY STRINGENT AND STRICT IN VERIFYING

The typical bond fund can act like bonds (see below) themselves, meaning when yield rises -> the old value falls as new bonds yield more .. and vice versa as when yields drop -> the old value rises as new bonds yield less.
Unlike actual bonds, a normal bond fund doesn’t mature however. iShares and now others are selling laddered (“target-dated”) bond ETFs with a maturity date, so those will act a little differently. There is something to be said about reinvesting higher yields if wanting to play with the Rule of 72 applied to bond funds. Bonds are getting some bad news right now, but some active money managers are saying they’ll buy if rates go a little higher (granted some aren’t).
Re: With bonds there’s a fairly regular guaranteed yield (aka “coupon”) vs stocks where investors look for growth (hopefully large) and perhaps dividends .. which are all more “iffy” than yield. Also bondholders get paid before stockholders. So this makes bond funds safer in downturns. E.g. 20% in BND with 80% in VOO (or similar) would have served an investor well in 2008, w/more safety and far less hair pulling while returning as much as 100% VOO until after 2012 and “ZIRP”. However 20% in BND during 1930 would have been in trouble, so some go with just govt bonds (iShares GOVT, the new Vanguard VGUS, etc ..).