- RMI invests some of their portfolio in the muni space through investing in other muni CEFs – a ‘fund of funds’ approach.
- Other individual municipal bonds also make up a majority of the fund’s holdings.
- This is a bit of a hybrid approach to investing in the muni space, where the fund can take advantage of discounts on discounts.
- This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory.
Jun. 12, 2021