We've been looking at Pimco PML muni bond for about 2 weeks trying to decide whether to buy or not. We have 15 CEFs that took a beating on 6 May, however; PML only dropped a few cents. That fund doesn't seem to fit in your group of funds that will get beat down in these volitile market conditions. We now feel certain we will buy PML shortly. Just our opinion. Good luck to you. retiredafe8
PML is an excellent fund. Current dividend is .065 per month and current net investment income is .073333 per month. PML has .1334 in Undistributed Net Income. You might want to look into the sister fund PMX. PMX has a 7.5% yield and also has .1328 in Undistributed Net Income. Dividend is equal to Net Investment income. I ususally like a little more of a cushion but net investment income looks stable. Since both are tax free municipal bond funds neither should take a beating. EIV with a 6.9% tax free yield is also a good choice.