According to a recent article in InvestmentNews.com, these are the top-10 muni funds with the highest percentage of unrated bonds:
Invesco High Income Municipal A: 64.3%
Invesco Van Kampen High Yld Municipal A: 61.3%
Nuveen High Yield Municipal Bond A: 46.9%
Waddell & Reed Muni Hi-Inc A: 44.9%
Oppenheimer Rochester National Muni A: 43.0%
Pioneer High Income Municipal A: 41.1%
Lord Abbett High Yield Municipal Bond A: 40.2%
Ivy Municipal High Income I: 39.2%
Oppenheimer AMT-Free Municipals A: 38.0%
Federated Municipal High Yield Adv F: 35.3%
Many investors lost money when they were told by their broker/financial advisors that these investments were safe and asset backed. Or perhaps, these investments were not appropriate for your portfolio because of a 'risk-free' strategy that you may have made clear to your broker.
Call Soreide Law Group to discuss with an attorney, free of charge, what your options are to potentially reclaim your investment at 888-760-6552.
GWG L bonds are at the center of a FINRA arbitration claim that Soreide Law Group filed in July 2026 for a retired couple in their eighties. The claim names Ernesto Chavez (CRD: 4315877) and Western International Securities. Attorney Lars K. Soreide signed the statement of claim, dated July 16, 2026. It alleges damages of […]
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
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