As of press time, the Fund had announced that they have not changed its fundamental investment policy. It also advised to invest only in investment grade tax-exempt municipal obligations.

Though its experienced has been tested through time and its expertise are proven at its best given the hundred years of existing in the industry. They still considered investment a risk even under their management. Since it is especially the nothing is permanent with the economy. Although it has been in an everyday life of stock market and in the world of stock exchange the ups and downs of shares.  And that is the risk that anyone has to take when investing in the stock market and Seligman Select Municipal Fund is open about it. They explain the details of shares in closed-end funds including fixed rate shares. They incorporate in their policies and procedure to restrict trade that in their judgment could disrupt in the management of their Funds. In short, the manager or advisers can prevent or prohibit accounts from making further exchange or trade.

The Seligman Select Municipal Funds has been with NYSE under the symbol of SEL. So far it has a market capitalization of 124.4 million USD, an outstanding share of 13.3 Million USD, and a dividend of $0.43 USD.