Should you consider municipal bond funds?

Transcript

Greg Davis: Paul, it’s great to have you listed here now to talk to our purchasers about what is been taking place in the municipal bond marketplace. You know, we have seen a pretty important amount of money of concern about liquidity circumstances in the marketplace. Love to get your point of view on what you fellas are looking at as the head of the municipal bond group.

Paul Malloy: Guaranteed. So what we’re looking at is a pretty immediate rate adjustment just as we have seen in numerous other markets. And aspect of that in the municipal marketplace is thanks to the very loaded concentrations we went into this at. And on the other aspect is investors needing dollars for several causes this sort of as rebalancing into equity portfolios. And you’ve bought some other shorter-expression gamers in the municipal markets that are demanding liquidity. So what that

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