Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:For the Third Time in 12 Months, Van Kampen Reopens 
its Muni Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, August 22, 2008

For the Third Time in 12 Months, Van Kampen Reopens its Muni Fund

by: Armie Margaret Lee

The "open" sign is back again at the $4.5 billion Van Kampen High-Yield Municipal fund. Morgan Stanley's Van Kampen Investments reopened the fund, which had been closed since May 9, on August 18. Morningstar notes that this marks the third reopening of the fund in the past 12 months, which goes to show the degree of volatility in the municipal market.

"We believe recent market conditions have created a more favorable investment environment for the fund," according to an announcement posted on the Van Kampen Web site. "The portfolio management team believes the current supply of high-yield municipal bonds presents opportunities to capture value in the market." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use