[fintstone]

Originally Posted by Sooner or later

You are showing a stock chart and the investment was in a tax free muni. We don't know what he was looking for. He might have wanted income. He might have used it for his bond part of the portfolio and he had 95% already in stocks. We don't know his age or current income. We don't know his risk tolerance. Too many unanswered questions to determine if a bond fund was the right move. I don't like the choice due to expenses and his timing might not have been the best. On the other hand he might have sold off a bunch of stock at a large profit prior to the crash and put it into a bond fund to limit risk.

Whatever he was looking for...he would have been off to better to look here.