Greetings,My father who is nearly 80 and still working part-time as an orthodontist is considering putting a very large chunk of his retirement funds into an insured muni bond ETF like EIM (Eaton Vance Insured Municipal Bond Fund). He thinks the 7% dividend yield is extremely attractive right now. (Also, his wife invested in EIM some time ago and has made a lot of money, and my dad wants to participate himself....)He has asked me to give him advice and counsel, but I honestly know next to nothing about bond funds like this....!I'm turning to this board to get some educated feedback -- what are the factors someone like my father should consider? What are the potential downsides? How likely is it that the dividends on EIM will stay consistent over time?Thanks so much for any help. I really do want to make sure my dad makes a prudent decision.Regards,Todd
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