Tag Archives: Small-cap mutual funds
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.