現金收益率仍然超過 4%，而這三隻 ETF 在税後收益方面比任何貨幣市場基金都更高

Quick ReadBOXX converts T-bill returns into long-term capital gains taxed at 20% instead of 37%, while JAAA pays 4.95% from AAA-rated CLO tranches.TFLO's Treasury floaters are exempt from state and local taxes, delivering up to 130 extra basis points for California and New York residents.Taxes can strip a third or more from money market distributio...