Tag Archives: Closed-end municipal bond funds
In this month’s visit, I’ll show you how to make the most of the opportunities, while avoiding the pitfalls. On the stock side of our portfolio, we’re concentrating ever more intently on low-risk names with high dividend yields—the ultimate badge of honor. I’ve got a new pick for you that has tripled its dividend in less than two years. That’s the kind of growth that will let you sing and dance through Wall Street’s periodic anxiety attacks.
I’ll be short and sweet this morning, with a couple of specific instructions I was unable to shoehorn into the printed August issue: Closed-end municipal bond funds. Most of the funds listed in the August issue took a pop Friday, thanks to the jump in the Treasury bond market. (Treasuries set the tone for the whole investment-grade market, including munis.) We want to be careful we don’t overpay for our closed-end muni funds.