MHN
Muni bonds are under pressure since the release of the President's budget. From what I understand, the tax exemption would go away at tax rates above 28%.
I still feel the fund is attractive with an effective taxable yield above 8%. Right now, it is trading at a small discount and is worth buying.
JNK is now yielding about 6%. The high yield sector has done well. I continue to hold it, but if we get a dip in stocks and I needed some funds to buy more, I would sell the high yield JNK, HYG.
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