|Last Price$52.61||Day Change (%)-0.14%|
|Open Price$52.65||Day Change ($)-0.07|
|Day Range52.56–52.73||52-Week Range50.90–54.85|
As of Fri 03/07/2014 03:59 PM EST | USD
Puerto Rico's travails hit muni bond firm that bet big
UPDATE: Puerto Rico's travails hit muni bond firm that bet big
UPDATE: Puerto Rico's travails hit muni bond -2-
Puerto Rico's travails hit muni bond firm that -2-
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.
Morningstar's Eric Jacobson breaks down the nuances of GO, revenue, and tobacco bonds, warns about a yield pitfall to avoid, and offers best practices for researching muni fund portfolios.
Investors seeking tax-free bond income have several good options.
Treasurys shrug off soft jobs data
Consider the tax implications before adding a muni investment to your portfolio.
As investors realize the impact of new tax increases, municipals are going to become more valuable--but research is key to finding value and avoiding trouble, says Fidelity's Kevin Ramundo.