MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, March 14, 2008 WSJ Shines Light on Eaton Vance Closed-Enders Interested in the alternate universe of closed-end funds? Friday's WSJ FundTrack is for you. Kevin Kingsbury and Mike Barris report that because of the rash of recent downgrades in the bond market, Eaton Vance is lowering the bar in what its 12 insured closed-end municipal-bond funds can hold. Eaton's plan is to let the fund hold obligations rated as low as the high-Bs, as long as 50 percent of the fund's assets are still invested in A-rated securities. Printed from: MFWire.com/story.asp?s=17688 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |