Attractive Bond CEF for Income Investors
George Spritzer submits:
Montgomery Street Income Securities (MTS) is a closed-end bond fund that 
appears to a be a reasonable value now for conservative income-oriented investors. It invests in a diversified bond portfolio across the spectrum- about 50% in U.S. Governments and Agencies, about 40% in corporates and the remainder in mortgage bonds.
In the next rebalancing (March 21), MTS is being added to the CEFX closed-end fund index that is used by the PCEF exchange-traded fund.
Investing, Long Term Investment, stock market | admin March 17, 2010
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