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Commentary

November Fund Performance in 11 Charts

Munis slide in November; U.S. stock funds post big gains.

The usually placid municipal bond market took a hit in November, getting churned up in the wake of the advancing tax bill in Washington. U.S. equity funds, however, raced ahead as broad stock indexes hit new record highs amid expectations of stronger economic growth.

Foreign-stock funds also continued their gains. Taxable fixed-income categories, however, posted mixed returns.

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