The article reports the wealth management firm State Street Global Advisors has created a new municipal bond exchange-traded mutual fund. The fund is designed to give investors access to municipal variable-rate demand obligat...
That’s a question that Mr. Sheehan, of Welling & Weeden, answers in his terrific and insightful report, “Dark Vision – The Coming Collapse of the Muni Bond Market.” Now, before you dive into this report, keep in mind the bond market updates I’ve been giving over the past year or...
However, that isn’t to say that all is well in the bond market moving forward and that fixed income investors should turn the risk dial higher. A forthcoming election could add a healthy dose of market volatility. And according to the Financial Times, “some fund managers fear the $11tn ...
A bond fund is a pooled investment that holds multiple bonds in its portfolio. These funds can invest in different types of bond products, including municipal, state, and federally-issued bonds. Some funds may even hold corporate bonds and cash. Bond funds come in many shapes and sizes, suc...
may be subject to the Alternative Minimum Tax (AMT), and or taxation by state and local authorities. Please consult with your tax professional prior to investing. For more information on these topics please click on the “Bond Basics” link below or search by keyword at the top of this ...
The SPA review can determine whether a municipal bond is a declining or improving credit, or if it is part of a sector that has identifiable trouble spots SPA can identify potential opportunities and help with the key objective of capital preservation Through the SPA program, clien...
KEYSTONE STATE STILL CAN’T FUND A BUDGET With its ratings under threat, the Pennsylvania legislature continues to debate how to fund the spending part of the budget which Gov. Wolf let take effect nearly two weeks ago without his signature. House members had rejected “in significant fashion”...