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
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