Dingobiscuit
I was reading an older issue of Kiplinger yesterday which had an article about Closed-End Muni Bond Funds which mentioned that like the bonds themselves, the funds also trade at par, discount, and premium.
Does anybody know how to tell whether or not one of these funds are trading at a premium or not? or example, I am looking at DSM's (Dreyfus Strategic Municipal Bond Fund)profile on Yahoo Finance but am unsure how to determine this.
http://finance.yahoo.com/q?s=DSM
Thanks!
Does anybody know how to tell whether or not one of these funds are trading at a premium or not? or example, I am looking at DSM's (Dreyfus Strategic Municipal Bond Fund)profile on Yahoo Finance but am unsure how to determine this.
http://finance.yahoo.com/q?s=DSM
Thanks!