UnThreaded | Threaded | Whole Thread (19) | Ignore Thread Prev | Next
Author: loveoldcars Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35361  
Subject: Re: Muni-Bond: Mutual Fund vs. Closed-End ETF ? Date: 7/5/2007 10:38 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Does anyone have any comments/suggestions about buying a Vanguard California muni-bond mutual fund (VCAIX Intermediate-Term or VCITX Long-Term California) as compared to a Blackrock “closed-end ETF” (BCL, BFZ, MCA, MUC, MYC)?

Hi Gromit,

I've had a number of Muni-CEF's for quite some time (63 and retired here). I'm quite pleased with them and add regularly. I have several AZ Muni-CEF's and a couple of Nat'l Muni-CEF's. The Nat'l ones have to pay state taxes, but can draw from all the states for their bonds.

I like the ability to buy and sell on the market as opposed to a mutual fund.

rk
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (19) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Berkshire Hathaway

Brookfield Asset Management
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement