There are several closed end municipal bond funds out there from Van Kampen. And they are yielding almost 7 percent tax free. Wondering what others think about investing in those funds ?
Note that the semi-annual report for one of these funds states that they do things to minimize the effects of rising interest rates while protecting the yield.
Note that the semi-annual report for one of these funds states that they do things to minimize the effects of rising interest rates while protecting the yield.