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Strategies & Market Trends : Value Investing

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From: rllee	10/7/2008 1:53:43 AM
	Read Replies (1) of 78748

I have started to nibble at some muni CEf's today, buying small amounts of different funds to scale in. The tax free yield in the high 6% (tax equivalent in the high 9%) with discounts to NAV of about 20% is too tempting to ignore. Leaving lots of powder to add more at lower prices when the opportunity presents itself. If not, I am happy to just collect the dividends for the foreseeable future. Anyone have good muni fund names to suggest?

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