Home > Term: general and insured muni funds (unleveraged)
general and insured muni funds (unleveraged)
Fund that either invests 65% or more of its assets in municipal debt issues rated in the top four credit ratings, or invests at least 65% of its assets in municipal debt issues insured as to timely payment.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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Creator
- MJ63
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