jump to navigation

Today I will buy a 7% yielding high risk Municipal Bonds ETF: HYD Market Vectors High-Yield Municipal Index ETF April 27, 2009

Posted by deminvest in etf, funds, investment, investment strategies, risky investments, stocks that pay high dividends.
Tags: , , , ,
add a comment

municipal bonds are bonds by localadministrations

municipal bonds are bonds by local administrations

US government bailed out automakers and banks. Will Obama let local administrations fail?

Since my opinion is that US government will bail out local administrations, I am buying a 7% yielding municipal bond ETF.

Market Vectors High-Yield Municipal Index ETF [HYD] is high risk, it buys bods that are even below investment grade. Here is some data:

http://www.google.com/finance?q=NYSE%3AHYD

here is the prospect:

http://www.vaneck.com/sld/vaneck/offerings/prospectuses/HYD_Prospectus.Pdf

%d bloggers like this: