(Corrects to say Pioneer is 2010 best performing fund.)
Pioneer High Income Municipal Fund was last year’s best performing municipal bond fund with a 7.14 percent return on its Y class shares, according to data compiled by Bloomberg.
Bloomberg News incorrectly reported earlier, based on erroneous data, that Ivy Municipal High Income Fund was last year’s best performer. Pioneer was compared against other open- end funds with $100 million or more in assets.
To contact the editor responsible for this story: Mark Tannenbaum at email@example.com