Ishares Trust S&p California Muni Bd Fd (NYSEMKT:CMF)

CAPS Rating: 1 out of 5

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Player Avatar TerryHogan (99.94) Submitted: 10/10/2013 10:48:44 PM : Underperform Start Price: $106.38 CMF Score: +8.69

I wouldn't be surprised to see another California municipality default, but even without that, the rates on these are so low, that I think we'll see a correction fairly soon (couple of years) when rates rise.

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