EFTA Document EFTA01378359

Municipal Credit > Investment Grade Texas Permanent School Fund (PSF), TX Revenue Bonds Updated: Oct 31, 2015 Trade Idea: r Buy Texas Permanent School Fund (PSF) revenue bonds. This is a name specific recommendation. The fund provides solid carry with little downside risk. Investment Rationale: r Security: The fund guarantees the debt of qualifying school districts. Texas school districts may be eligible to participate in the fund if their rating is below AAA, the district is accredited