Lipper's municipal bond fund index is lower

Mon Jan 7, 2013 10:31am EST

Jan 7 (Reuters) - Lipper, a Thomson Reuters service, said on Monday that its municipal index for Friday was lower compared with the previous day.

The final Lipper General Municipal Debt Fund Index was 1,112.588, down 0.579 or 0.052 percent, from the previous day.

The General Municipal Debt Fund Index is an equally weighted performance index, adjusted for capital gains distributions and income dividends of the largest qualifying funds in this investment objective.

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