|Bid||106.17 x 1300|
|Ask||0.00 x 1300|
|Day's Range||108.80 - 108.87|
|52 Week Range||107.56 - 111.66|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.25%|
Having an income stream the IRS can’t touch may sound like pie in the sky, but it’s a reality if you hold municipal bonds. If you’re in the highest tax bracket (37%) and you get a 6%-yielding municipal bond fund, that income is the exact same as a 9.5% dividend from stocks. There’s just one problem — iShares National Muni Bond ETF yields a paltry 2.4%.
If municipal bond yields don’t get your juices flowing these days, it may be because you’re not looking at them the right way. The norm for muni-bond yields these days—about 2.5%—could be like getting 5% on a taxable corporate bond. Understanding such “taxable equivalent” yields has become more important in the wake of the tax-overhaul package passed in Washington late last year.
Municipal bonds and the related exchange traded funds are popular with conservative, income-seeking investors and those looking for some tax-advantaged investments. Munis also help diversify fixed-income ...
The Senate is expected to clear bipartisan legislation that could help make it easier for U.S. banks to buy state and local bonds, potentially bolstering demand for municipal debt and supporting munis-related ...
E*TRADE Financial Corporation today announced a significant expansion of its commission-free exchange-traded fund lineup, all of which are non-proprietary:
The municipal bond market has entered 2018 rather quietly, compared to the fevered pitch it reached as we ushered out 2017. The start of the New Year has not been kind to those looking to put their money to work in the tax-free municipal bond market. An avalanche of new issue supply at the end […] The post Muni Bonds From a Roar to A Whimper For Yield 2018 appeared first on Market Exclusive.
With the start of the New Year finally upon us, it can mean only one thing — it’s tax season. And while the new Republican tax bill does hold plenty of promise, the reality is, most tax analysts have no idea what the long-term effects on the average Joe will be. Ultimately, it means investors still need to be as tax efficient as it comes with their portfolios.
Income investors embrace municipal bonds as a way of generating income and earning some tax advantages. Yet the S&P National AMT-Free Municipal Bond Index has an average yield of just over 2 percent and ...
In 2016, Puerto Rico defaulted on constitutionally guaranteed GO (general obligation) bonds. On May 3, 2017, Puerto Rico filed for Title III bankruptcy.