Of course you should be interested!
There are several reasonable explanations for recent Municipal Bond price weakness: Higher interest rates expected; equity portfolio window dressing; weakness of state government treasuries; profit taking in municipal CEFs; speculation about proposed tax code changes; illiquidity of individual bonds; irrational investor fear.
There are at least as many excellent reasons why investors should be viewing this weakness as a buying opportunity --- in fact, every emotional or speculative issue that reduces bond prices creates new buying opportunities.
Lower prices and higher yields are always good news for income investors. Managed Closed End Funds are the most liquid and efficient means to take advantage of new opportunities to increase the productivity of your income portfolio.
Contact Steve for a list of ten Closed End Funds to check out for appropriateness --- but only after you read this article: http://kiawahgolfinvestmentseminars.net/Inv/index.cfm/18359
The CEFs I'm talking about are all NYSE listed, actively managed by knowledgeable professionals, and included in Market Cycle Investment Management Portfolios. The average yield on these ten closed end funds was 6.88% on January 14th 2011; the funds are priced at a discount from NAV of roughly 6%; each of the portfolios contains well over 100 individual issues; most positions represent less than 2% of their respective portfolios.
These same portfolios were yielding less than 6% just three months ago. What a great time either to start or to upgrade your tax free, home made, beyond-your-own-lifetime, annuity program.
Contact Steve to open an MCIM portfolio with 30%, 50%, or 70% invested in Muni CEFs, including at least 10 that hold insured issues.
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(c) 2011 by Steve Selengut
