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Is The mutual fund RMUNX a goo dinvestment or bad?


Value continues to drop

Its value is not the only value that keeps dropping. If you are already invested then it is not a bad investment. But since it is a load fund, do not invest any more in it. The reason it is dropping, I believe, is because of the uncertainty about municiple bond insurance. That is a big if, but the reaction is overdone I believe and you are getting a good yield. Hang in there.

I certaily hope you live in New York , if not dump it because the only reason to have it is the exeption of taxes. If this is in a retirement fund, close it out.

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