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NYSE:XAA

American Municipal Income Portfolio (XAA) Stock Price, News & Analysis

About American Municipal Income Portfolio Stock (NYSE:XAA)

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Company Overview

American Municipal Income Portfolio Inc. (the fund) is a diversified, closed-end management investment company. The investment objective is to provide high current income exempt from regular federal income tax, consistent with preservation of capital. It invests primarily in a range of municipal securities that, at the time of purchase, are rated investment-grade or are unrated and deemed to be of comparable quality by FAF Advisors, Inc. (FAF Advisors). The fund may invest up to 20% of its total assets in municipal securities that, at the time of purchase, are rated lower than investment-grade or are unrated and deemed to be of comparable quality by FAF Advisors. The fund's investments may include municipal-derivative securities, such as inverse floating-rate and inverse interest-only municipal securities. The fund's investments also may include repurchase agreements, futures contracts, options on futures contracts, options, and interest-rate swaps, caps, and floors.

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NYSE:XAA
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This page (NYSE:XAA) was last updated on 5/7/2025 by MarketBeat.com Staff
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