Leave a comment

AFB BUY 6.4%

December 9, 2014

To View Current Positions Go To Core Portfolio

We purchased the BlackRock National Closed End Municipal Bond Fund MYI.on December 1.  It is doing rather well, so far.

This fund goes ex-dividend on December 10 and we should see a price pullback.  Wait for a few days to see what happens.

If you do not own MYI I suggest you buy a little.  If you do own it, I would add to the position.  (A price pullback is not a certainty…..if the demand is strong and the price stays up, I suggest you still buy it.)

Another selection you can look at is AFB:  AllianceBernstein National Municipal Income Fund

AllianceBernstein National Municipal Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States.


AFB went ex-dividend on December 3, pulled back, and is already heading up.  You could buy today.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: