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gclarsen
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gclarsen asked about a year ago in Mutual Funds

why have closed end municipal tax free bond funds falled so far?

my closed end bond fund Van Kampen Calif Muni Inc has falled more than 20% in the month of Oct. Why

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Kristen Sullivan
FiLife Contributor
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Hi again,

Brett Arends wrote a nice piece in the Wall Street Journal today that you might want to check out. It touches on closed-end bond funds - why they've fallen - and why they might be a good opportunity in the future. Check it out here: Now's The Time for a Portfolio Do-Over

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Kristen Sullivan
FiLife Contributor
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Dave Hanson and I just wrote about what's going on with closed-end funds in the current market environment over on the closed-end fund discussion page. Check it out here.

The Wall Street Journal reported last week that investors have been jumping out of closed-end funds and driving their price down. This article is worth a read: Investors Dump Closed-End Funds.

Hope this helps,
Kristen

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