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Message Boards Settings USAA Tax Exempt Long-Term - Quote Info
Re: Price is down, Yield is up!     11-Dec-08 08:11 pm    
The lower price is an indication of perceived risk. If just a small portion of the bonds held default, that will wipe out the returns for years.

Return OF principal is more important than return ON principal.

I am losing faith in USTEX and USATX.

Good luck to holders.


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generalsmal...

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Not much consolation but at least the yield it 5.6% now...
rybovich58 Rate it 11-Dec-08 06:15 pm  
 
Re: Price is down, Yield is up!
generalsmal... Not rated 11-Dec-08 08:11 pm  
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USAA Tax Exempt Long-Term (USTEX)

Chart for USAA Tax Exempt Long-Term (USTEX)
On Dec 22: 12.80 Down 0.02 (0.16%)
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