Official Statement (OS)
The offering document for municipal securities
that is prepared by the issuer. The ?OS? discloses security features, and
economic, financial and legal information about the issue. The final OS
contains the pricing information on the issue that is not contained in the
preliminary official statement.
Remarks:
Bond funds including mutual funds (open-end and closed-end, actively managed
and indexed), exchange-traded funds and unit investment trusts offer a
convenient and affordable way to invest in a diversified portfolio of bonds,
but a bond fund investment can differ from a bond investment in ways that
are important to understand.
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