IIM: Municipal Bonds Get Some Relief And Propel This Fund Higher
Source: SeekingAlpha
2025-10-06 11:23:48 ET
Written by Nick Ackerman, co-produced by Stanford Chemist
When the Fed starts cutting its target rate, most leveraged closed-end funds can see the benefit of a reduction in their borrowing costs. This is because CEFs often utilize borrowings on some sort of floating rate-based debt. In particular, that can start to make municipal-focused funds more attractive, given their underlying investments are generally relatively lower-yielding....
Read the full article on Seeking Alpha
For further details see:
IIM: Municipal Bonds Get Some Relief And Propel This Fund Higher
iShares National Muni Bond
NASDAQ: MUB
MUB Trading
0.06% G/L:
$107.115 Last:
2,696,660 Volume:
$107.02 Open:
