|Day's Range||14.21 - 14.32|
|52 Week Range||13.42 - 16.02|
|PE Ratio (TTM)||12.29|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tax season can be a cringe-inducing affair with 1040s, 1099s and K-1s and Uncle Sam hovering above, looking for his cut. For investors who have bought into one of the 5 high-yielding funds I want to share with you today, this time of year is a friendly reminder of the greatness of municipal bonds.
The Closed-End Fund Association will host a webinar with industry leaders titled “Diversify Your Income Opportunities” on Tuesday, October 25th at 4:00pm ET. BlackRock, a CEFA member, will present on the webinar along with representatives of other CEFA members.
Municipal bonds are popular with retirees because they provide tax-free income. Some pay secure yields above 6%, which translates to 10% tax-equivalent payouts to folks in high tax brackets. But buying individual municipal bonds isn’t easy. Many brokers don’t offer them, and the ones that do usually try to sell low