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Meet the Street: Taking the Measure of Muni Bonds
As the past two years have shown, bonds are an essential part of any portfolio. While the S&P 500 has averaged 10.5% losses over the last two years, the Lehman Brothers Aggregate Bond index has gained an average of 11.4% over the same time period. And for investors concerned about high taxes, municipal bonds
can be especially attractive.
Today's Meet the Street features Clark Stamper, the portfolio manager for (VMPAX Quote)Evergreen High Income Municipal Bond, to find out where he's putting his fund's money and his thoughts on how 2002 will shape up. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
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