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It's A Good Time To Visit Muniland, But Come Prepared

TedTed
in The Bullpen
FYI: When the government of Puerto Rico missed most of a $58 million debt payment a little over two weeks ago, it tainted the municipal bond market, but not nearly as much as some had expected. Even the muni bond funds that held 30% or more of their assets in Puerto Rico bonds barely moved on the news.
Regards,
Ted
http://www.thinkadvisor.com/2015/08/20/its-a-good-time-to-visit-muniland-but-come-prepare?t=mutual-funds&page_all=1
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