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 […]

Recently, FINRA, the Financial Industry Regulatory Authority Inc., issued an Alert telling investors that if interest rates rise, “outstanding bonds, particularly those with a low interest rate and high duration, may experience significant price drops.” Many big investors have already have warned that risk in the bond market is rising. However, last month's slight move […]