"One type of long term fund that may have minimal damage is long term municipal funds."A closed end fund of this type is Nuvene Select, NQS, traded NYSE. In the last four weeks it has dropped from $15.6 to 14.2/share. It is now paying 7% fed tax free--based on $1/sh div which is "a" footnoted indicating paid last 12 mo or paid so far.REITs which pay high dividends and are interest rate sensitive have crashed similarly.The long awaited interest rate correction is here. Whatever caused it happened on about April 2.
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