UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: bogwan Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35623  
Subject: Re: Bond Stocks Date: 9/1/2001 7:34 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
1) I assume you live in NJ and have a high income as these are municipal bonds.

2)EVJ invests in investment grade while MUJ invests in insured bonds. They seem safe enough.

3)EVJ has an expense ration of 1.95% while MUJ has an ER of 1.18%.
Both are high numbers in my opinion. Check vanguard for low cost mutual funds.

4)Both funds trade at a discount to NAV which allows you to buy the assets at less than market value, this may offset the high ER.

5) I do not have the time but you should determine if the funds borrow money to boost their returns. This may explain why the ER's are so high. It will also increase price volitility without necessarily improving the yield.

6) Both companies meet the minimun standards of being reputable.

7) If you are paying a full service fee for this advice ask the broker if he/she can send you a recent copy of an service they subscribe to that rates CEFs, then you can compare these two to the 100 or so others.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next


Post of the Day:
Saul's Investing Discussions

Skyworks Mid-Quarter Review
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.