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Legg Mason WA Managed Municipals A

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  1. 2 Distinct Paths to Municipal-Bond Investing

    Vanguard Long-Term Tax-Exempt cautiously manages credit- and interest-rate risk while Western Asset Managed Municipals delves into mid-quality credits and actively manages duration.

  2. PIMCO Swipes Muni Veteran Deane From Rival

    PIMCO hooks a big fish from its Southern California coastal neighbor Western Asset in a bid to build out its municipal-bond team.

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