Assertion: fund | /r/CapableOf | invest in tax-exempt bonds
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Source sentences:
text: However, a fund that uses the term "high-yield" in conjunction with a term such as "municipal" or "tax-exempt" that suggests that the fund invests in tax-exempt bonds would not be required to invest at least 80% of its assets in bonds that meet these rating criteria.
text: As a result, the use of the term "high-yield" together with a term suggesting that the fund invests in tax-exempt bonds suggests that the fund has an investment strategy of pursuing a higher yield than other municipal or tax-exempt bond funds.