Munis gain as stocks wane
An underweight allocation to bonds in the highest credit quality tiers and an overweight to the ‘BBB’ range contributed to relative ... HIGH YIELD MUNICIPAL BOND FUND STRATEGY POSITIONING & OUTLOOK PORTFOLIO REVIEW ... 85% Bloomberg Barclays High Yield Muni/15% Muni Bond Index1 0.88 10.20 10.20 7.79 5.57 6.74 ................
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