The fund is California Municipal bonds. If you have read about the situation in California you would know why this fund is tanking. Two and a half months ago it was at $14.90/share. The recent daily drops have been huge, pretty much unprecedented for this fund since it's inception some 27 years ago. California is in deep trouble and their have been suggestions that they might default on their state (municipal) bonds. They are also issuing even more bonds which isn't helping either.
I am Tony2Gay's mother. I just want to apologize for my son's foul mouth. He had very little discipline growing up as his daddy left us when he was very young. I think that is one of the reasons Tony became gay.
I know my son has been having this running fued with that very nice KFC guy. I always thought Tony liked chicken, but I guess not.
Anyways, I have to get back to the factory, so I have to close for now. If anyone has any idea's (or better yet would like to adopt my boy) I am open to suggestions. Also if you are a woman who can make my son "play for the right team", I would love to hear from you as well.