MFS Investment Grade Municipal Trust (AMEX:CXH)

CAPS Rating: No stars

A diversified, closed-end management investment company whose investment objective is to seek as high a level of after-tax total return as is consistent with prudent risk via a portfolio primarily invested in investment grade municipal bonds.

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Member Avatar worCkciN (< 20) Submitted: 4/16/2008 10:35:42 AM : Underperform Start Price: $7.08 CXH Score: -27.90

Shorting fixed income is an easy way to beat the S&P 500 WHEN the S&P does well, but it is an equally awful way to under perform when the S&P does poorly. As a side note I'm interested in the Supreme Court Ruling on the tax ability of State Municipal Bonds.

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