Today I added a tax free muni fund to my portfolio.
- NEA: 110 shares @ $14.55 --- Yield 5.15% (Tax exempt)
Total capital invested is $1607.12 and will add $90.00 to my yearly dividends.
Munis have been on an insane run lately, but NEA has finally dropped about 4.5% in the last 3 days from $15.22 to the $14.50 range. I would love to further increase the position if a larger pullback happens.
Forward dividends are around $2750.