Home > Terms > English, UK (UE) > General and insured muni funds (unleveraged)
General and insured muni funds (unleveraged)
Fund that either invests 65% or more of its assets in municipal debt issues rated in the top four credit ratings, or invests at least 65% of its assets in municipal debt issues insured as to timely payment.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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