Columbia Minnesota Tax-Exempt Fund Class A IMNTX
To lower my ‘taxable’ income for healthcare purposes, in late July 2016, I sold an underperforming, high dividend paying stock, & started accumulating this fund.
Up until November 2018, it had been pretty much straight downhill, but since that time, it’s been rallying.
Obviously I'm pleased
, but with the fed raising rates recently, & announcing 2 more hikes this year, I figured it would keep going down.
Maybe I don't really understand municipal bonds.
Am I missing something ?