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Home / Columnists / Berko / CEFs are worthy contenders for savvy investors (access required)

CEFs are worthy contenders for savvy investors (access required)

Dear Mr. Berko: I have been putting off buying municipal bonds because I thought interest rates would be higher. I did buy, for $20,000 face value, three junk municipals you recommended almost a year ago. I got 9 percent on two Illinois bonds and an 8.5 percent California bond. Now that it seems that rates will ...

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