The Dupree Mutual Funds Taxable Municipal Bond Series (ticker: DUTMX) is a mutual fund that invests in taxable municipal bonds. These bonds are issued by state and local governments to fund various projects and are subject to federal income tax. This fund aims to provide investors with a steady stream of income through the interest payments on these bonds. It may also offer potential tax benefits, as municipal bond interest is often exempt from state and local taxes. DUTMX is a suitable option for investors seeking a balance of income and potential tax advantages in their portfolio.