BlackRock Florida Insured Municipal, Inc. (AMEX:BAF)
Closed-end management investment company
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Florida seems to always pay their munis by their call date.
This state is rated as having a very low default rate and is very frugal. Gov. Scott ran on cutting the budget and he has kept his promise so far. I have been buying munis in this state for over 10 years with a favorable track record.
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bonds underperform
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