News of Detroit's filing for bankruptcy, the largest municipal bankruptcy in American history, has retail investors running scared. For four weeks ending July 31, investors pulled $9.7 billion from municipal bond mutual funds, according to the Investment Company Institute. And now Detroit's bond holders will battle it out with the city's pensioners for what was promised to them.
Here are the top 10 mutual funds with the most exposure to the Motor City.
Source: Morningstar
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