|Bid||107.02 x 1800|
|Ask||107.03 x 800|
|Day's Range||106.85 - 107.06|
|52 Week Range||106.79 - 111.37|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.95|
|Expense Ratio (net)||0.25%|
Ten-year Treasury yields pulled back a bit Thursday, but yields on benchmark government debt hover above 3.10 percent and are up nearly 17 percent year to date, enough to spark a wave of recent outflows from some well-known exchange traded funds (ETFs) spanning multiple asset classes.
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%.
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.