Lipper's municipal bond fund index is higher

Wed May 8, 2013 10:38am EDT

May 8 (Reuters) - Lipper, a Thomson Reuters service, said on Wednesday that its municipal index for Tuesday was lower compared with the previous day.

The final Lipper General Municipal Debt Fund Index was 1,130.310, down 0.363 or 0.032 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.