|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.13 - 49.19|
|52 Week Range||46.81 - 49.54|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.23%|
Patrick Luby is the municipals strategist with CreditSights Wealth. While Puerto Rico continues to dominate the muni market headlines, trading in Puerto Rico bonds has totaled less than 3% of muni trading volume so far this quarter (through May 15, according to MSRB data from Bloomberg). With the bulk of attention focused elsewhere, muni yields have generally moved lower so far this year, lifting most of the muni indices into positive territory. Bond prices rise when yields fall.
Markets across the globe continued to climb the proverbial wall of worry during the first quarter of 2017. The yield on the 10-year U.S. Treasury remained range-bound during the period, ultimately moving lower by 0.05%. Both investment-grade and ...
By Daryl Clements March 13, 2017 There’s a lot of uncertainty today for municipal bond investors: how do you hang onto the income you have in the face of rising rates and the potential for tax reform, and where should you look for more? We think muni ...
Investment-grade municipal bond ETFs took a beating following last November’s presidential election, with some of the largest funds in the segment slipping to lows not seen since mid-2015. That decline centered mostly on uncertainty—tax policy uncertainty, that is. One of the big perks of muni bond investing is the tax-exempt status many enjoy, and any new administration can shake things up in the tax department.
Fisher Asset Management is a money management firm founded by billionaire hedge fund manager Ken Fisher. The firm manages more than $60 billion in assets and is one of the most influential investment companies in the world. Besides being a great fund manager, Ken Fisher has also written a number of financial books and is one […]