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This Muni Fund Holds Overlooked Winners for Long-Term Success

Por: MarketWatch Business September 28, 2022

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He is now the principal investment officer at Capital Group’s $22.9 billion (AFTEX). The fund finds value in under-trafficked parts of the muni market, such as single-family housing bonds in Illinois, affordable-housing bonds in California, and medical-center bonds in Wisconsin. Tax-Exempt Bond’s 15-year record boasts a 3% annualized return, putting it in the top 14% of its peers. It is a , with annual fees of 0.50%. It has a 3.75% initial... + full article



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