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Apex Municipal Fund, Inc. operates as a non-diversified, closed-end management investment company. It mainly invests in a portfolio of medium-to-lower grade or unrated municipal obligations. The funds portfolio of securities include airport and marina revenue bonds, alternative minimum tax, economic development authority, general obligation bonds, housing finance agency, industrial development authority, industrial development board, industrial development revenue bonds, multifamily, pollution control revenue bonds, and variable rate demand notes. Fund Asset Management, L.P. operates as the manager of the fund. Apex Municipal is based in Princeton, New Jersey.
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