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Rating:Evergreen Plans to Fold Eight Muni Bond Funds into One Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, December 18, 2007

Evergreen Plans to Fold Eight Muni Bond Funds into One Fund

by: Armie Margaret Lee

Evergreen Investments officials last week said they plan to fold eight municipal bond funds into the Evergreen Municipal Bond Fund The merger, which affects Evergreen's Alabama, Connecticut, Georgia, Maryland, New Jersey, New York, South Carolina and Viriginia bond funds, has been greenlighted by the Board of Trustees of Evergreen Funds and is subject to shareholder approval. Evergreen officials said the merger, which is seen to take place on or about April 11, will result in potentially lower expenses for shareholders.  

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