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Re: rfj1862 post# 59105

Friday, 02/15/2008 2:55:43 PM

Friday, February 15, 2008 2:55:43 PM

Post# of 252758
>Closed-end [muni] funds are offering close to 10% yields now (tax-equivalent). I own BFK.<

The funds that use leverage may have pending markdowns to NAV from the inability to rollover auction-rate securities. I would suggest closed-end muni funds such as NUV that do not use leverage but have nonetheless had their share price whacked.

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