Structure vs. Credit Quality: For Some, the Answer Is a Compromise

April 1999
Bond Buyer;04/19/99, Vol. 328 Issue 30622, p7
Trade Publication
Presents different views on which between structural elements and credit quality is more important when selecting a municipal bond portfolio. Incorporation of duration management or yield gathering; Matching of the funds' durations with interest rate outlook; Keys to balancing structure and credit quality; Factors that influence which investment approach to take.


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