The outlook is unclear for municipal closed-end funds, according to the Wall Street Journal's Daisy Maxey. In today's Fund Track column, Maxey says dividends for the funds have been high and increasing consistently, but that the trend may be slowing to a halt.

For research regarding municipal closed-end funds, The Journal spoke with Thomas J. Herzfeld Advisors, a Miami investment advisory firm. The story also cites Wells Fargo head of closed-end fund research Mariana Bush, First Trust senior vice president and closed-end fund analyst Jeff Margolin, Stifel Nicolaus vice president Alex Reiss, Morgan Stanley analyst Dominic Maister, and Nuveen Investments managing director of closed-end funds Anne Kritzmire.

 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE