Beware Puerto Rican Bonds Hiding in Your Portfolio-Kiplinger
25 percent of open-end municipal bond funds have at least 5% of their assets invested in Puerto Rican bonds, says Morningstar. And the island, a U.S. territory, is an economic basket case.
25 percent of open-end municipal bond funds have at least 5% of their assets invested in Puerto Rican bonds, says Morningstar. And the island, a U.S. territory, is an economic basket case.
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