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NAD would be an example, or, if you're in California, NAC (state tax free, but geographically concentrated in CA). There are other bargains out there now too,
by smartician 13y ago
NAD would be an example, or, if you're in California, NAC (state tax free, but geographically concentrated in CA).
There are other bargains out there now too, because of fears of the Fed tapering down QE, anything that yields >5% got hit hard in the recent weeks. Even foreign, emerging market bonds. ESD for example trades at a 7% discount and yields 7.5% at the moment.
For research, Morningstar is a good starting point: http://cef.morningstar.com/quote?t=esd http://cef.morningstar.com/quote?t=esd