|Last Price$53.51||Day Change (%)0.04%|
|Open Price$53.54||Day Change ($)0.02|
|Day Range53.47–53.55||52-Week Range51.43–54.80|
As of Wed 11/25/2015 4:48:00 PM | USD
Fidelity’s municipal-bond funds are worthy of note.
Fitch Upgrades Missouri Joint Muni Electric Utility Plum Point Revs to 'A'; Outlook Stable
Fitch Rates New York City Muni Water Finance Auth's $340MM Revs 'AA+'; Outlook Stable
Fitch Affirms Ohio Muni Electric Gen Agency JV5 Beneficial Interest Ctfs at 'A'; Outlook Stable
Looking at some under-the-radar fund ratings.
After a strong 2014, we're keeping an eye on interest rates and issuance, which could both creep higher and sting in 2015. Plus, two muni -fund picks worth a look today.
A first for the mutual fund industry, and the cheapest offering in ETFs, an analyst says.
Though it can be bumpy at times, Silver-rated Wells Fargo Advantage Municipal Bond has successfully invested in mid- and lower-quality tiers of the market over the long term.
SPDR Nuveen Barclays Municipal Bond ETF offers a portfolio of high-quality muni bonds at a low cost and a relatively attractive tax-equivalent yield.
Munis have somewhat recovered so far this year, but investors need to mind all of the rate, credit, and valuation risks inherent in muni bonds and funds.