... state-specific portfolios because they are exempt from U.S. federal and state income taxes (83% of single state mutual funds have exposure to Puerto Rico). Currently, the Commonwealth of Puerto Rico faces underfunded public employee pension ...
http://seekingalpha.com/article/1333641-from-stockton-to-puerto-rico-what-s-driving-the-muni-market?source=feed
http://seekingalpha.com/article/1333641-from-stockton-to-puerto-rico-what-s-driving-the-muni-market?source=feed
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