|Last Price$0.64||Day Change (%)4.06%|
|Open Price$0.63||Day Change ($)0.02|
|Day Range0.63–0.64||52-Week Range0.52–0.74|
As of Fri 6/24/2016 4:16:00 PM | USD
BAB , Inc. Announces Cash Distribution
By investing in Build America Bonds, this fund gets exposure to taxable municipal bonds with interest payments subsidized by the federal government.
Build America Bonds are altering the municipal-bond market.
Safety and tax exemption are traditional hallmarks of the asset class, but the market has many challenges.
We take a closer look at the funds in our model portfolio of closed-end funds.