Municipal Bond Mutual Fund News

August 22 – 29, 2011 Municipal Bond and Tax Free Mutual Funds News

municipal bonds

This week saw more of news about the major financial market choppiness. This may be a good time to adjust your asset allocation. The Week’s municipal bond news included:

  • Vanguard – Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares. Vanguard recently released their semi-annual report. Some interesting tidbits include being prepared for heavy redemption by dedicating a portion of fund assets to very liquid holdings.
  • Higher rated bonds outperformed lower rated bonds.
  • The city of Stockton is a possible bankruptcy candidate.
  • Part of the decision of buying a bond is how easy it will be to trade.

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