Blog > US Stocks and Markets > Blog article: Buy This Municipal Bonds Fund
 | Email This Article Email This Article  | 

Buy This Municipal Bonds Fund

Posted July 9, 2008

“High-yield municipal bonds that fund the construction of hospitals and schools are riskier than bonds that fund basic state and local governments. But they’re returning 3% more than safer munibonds.” — Ann Sosnowski

by Ann Sosnowski

Baltimore – (TFN): After a year of free fall, is it time to buy munibonds now?

It may be. High-yield munibond funds like the Legg Mason Partners Municipal High Income (STXAX) have made some gains in the past few months of 2.5%.

High-yield municipal bonds that fund the construction of hospitals and schools are riskier than bonds that fund basic state and local governments. But they’re returning 3% more than safer munibonds.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Ann Sosnowski is a regular contributor to Taipan Daily, your FREE resource for late-breaking investment opportunities to help you beat Wall Street to the profits.

Filled with investment analysis and insight for every sector (from blue chips to small caps… from options to ETFs… from emerging markets to the tech sector), Taipan Daily delivers just the right blend of safe opportunities with the fast-moving plays, so you have an insider’s edge over the Street… and other investors.

Sign up now for your FREE Taipan Daily e-service to help you find the best moneymaking investments for your wealth.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Best of all, the STXAX costs an initial investment of only $500, with additional investments of $50.

That’s a cheap investment for a safe haven portfolio. The munibond fund has been up 4.9% over five years annualized…

Find a chart of STXAX performance and read more from Ann Sosnowski.

****Make sure you sign up for our free TFN News Feed for breaking news, special reports and new financial videos. You can pick your favorite reader . Or if you prefer, you can have or free daily email delivered to your inbox .


Related Articles


Posted by Ann Sosnowski · Filed Under US Stocks and Markets 

Comments

close Reblog this comment
Powered by Disqus · Learn more
blog comments powered by Disqus