Muni bond CEFs have been getting hammered lately. And discounts to NAV are among some of the highest ever seen for some of these funds (with the exception of the 2008-2009 meltdown). Yields of 6% + - tax free - for bond durations of less than 6 years sure is tempting.
Anybody picking up some of these shares? How about you - Brewer - this seems to be an area of expertise for you. Are the valuations yet where you would interested?
Anybody picking up some of these shares? How about you - Brewer - this seems to be an area of expertise for you. Are the valuations yet where you would interested?