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Municipal Bond Fund Focus: Nuveen All-American Municipal Bond Fund: (FAARX) (FLAAX)
FYI: Over the last year, natural catastrophes and political upheaval have brought a barrage of woes to the municipal bond market. A hurricane that brought widespread devastation to Puerto Rico made many wonder whether the U.S. jurisdiction would ever be able to pay off its bonds. President Trump’s mission to destroy the Affordable Care Act, threatening coverage for millions of people, brought uncertainty to hospital revenue bonds. And efforts to lower individual income tax rates, if successful, threaten to make the tax-free status of municipal bonds less attractive. Regards, Ted https://www.fa-mag.com/news/municipal-bonds-hang-tough-35895.html?print
