The rally in Closed-End Municipal Bond Funds has taken a breather, if not corrected as money has poured into the most traditional risk assets since late August. Even the price of my current favorite Closed-End Municipal Bond Fund, Western Asset Municipal Partners, Inc (MNP) has fallen from $15+ at the end of August to a price below $14.50.
MNP
3 posts
I continue to believe the market for Closed-End Municipal Income Funds is extremely inefficient. I’m certainly happy with what I observe in the daily fluctuations, income, prospects for monthly dividend hikes, and attractive valuations in the funds I hold.
Did you miss yesterday’s Secrets of a Top Performer webinar with Dan Plettner? Watch the video here Dozens of atendees joined us as Dan explained Closed End Funds and the various strategies he employs in his Covestor models. In addition, Dan discussed four specific holdings from his models during the […]