Municipal bonds offer yields that are usually lower, but the interest should be tax - free.
Zero coupon corporate bonds and
municipal bonds offer a potentially higher rate of return commensurate with additional credit risk, which will vary based on the issuing entity.
According to the same fact sheet, Canadian
municipal bonds offer an attractive risk / return profile since they tend to command higher yields than provincial or federal bonds.
Bonds: Government bonds, corporate bonds and
municipal bonds offer greater returns than cash but are more risky.
If you've been following our tax - time chart series, you know that
municipal bonds offer you the opportunity to keep more of what you earn via an attractive after - tax yield and provide a compelling counterbalance to equity risk.
Taxable
municipal bonds offer yields comparable to those of other taxable sectors, such as corporate bonds.
It is also a list of the maturity dates on which individual bonds issued as part of a new issue
municipal bond offering will mature
Depending upon
the municipal bond offered, alternative minimum tax and state / local taxes could apply.
Municipal bond offerings are subject to availability and change in price.
In December 2012, the United States District Court for the Southern District of New York, granted final approval of a $ 43 million settlement of individual actions against JPMorgan Chase and Bear Stearns, as well as numerous other providers and brokers, alleging antitrust violations in the market for financial instruments related to
municipal bond offerings.»
This comes the day after the Securities and Exchange Commission announced that the New York - based firm and a senior partner agreed to settle charges that they issued fraudulent audit reports in connection with
municipal bond offerings by the Town of Ramapo.
It is also a list of the maturity dates on which individual bonds issued as part of a new issue
municipal bond offering will mature
True interest cost: In a competitive bid
municipal bond offering, a method of calculating the interest cost that takes into account the time value of money.
Official statement: The disclosure document in
a municipal bond offering.
Municipal bond offerings generally are not subject to the requirement of registration with the SEC.
I have worked in billions of dollars of successful transactions in
municipal bond offerings, workouts of defaulted and other troubled municipal bond issues conducted by others, and corporate finance transactions benefiting local governments and private corporations in approximately two dozen states.
The restrictions prohibit underwriters from underwriting most
municipal bond offerings, unless the issuers provide a disclosure document called an «official statement» and the issuers agree to make continuing annual and specific event disclosures.
Kevin served as a branch chief in the Division of Enforcement of the SEC, where he led cases regarding financial fraud, market manipulation, insider trading, the Foreign Corrupt Practices Act, and
municipal bond offerings.
Not exact matches
We believe that long - term tax - free
municipal bonds that
offer near - 4 % yields (a 6.62 % taxable equivalent at today's top rate and 6.15 % even at the new proposed top rate of 35 %) still
offer superior value.
Also, they usually
offer higher yields than
municipal bonds.
Tax risks While
municipal bonds can
offer attractive effective yields and can be a way to generate tax - free income, they may not be right for investors in every tax bracket or for every type of account.
Like Fidelity's other
municipal bond funds, DMFs
offer professional management, diversification, and seek to provide federally tax - exempt income.
We also like tax - exempt
municipal bonds, which currently
offer attractive yields.
Also, any tax bill that does away with or caps state and local tax deductions could further incentivize individuals living in high - tax states that
offer preferential treatment to in - state
municipal bonds to seek shelter in the
bonds of their home states.
Like Fidelity's other
municipal bond funds, DMFs
offer professional management, diversification, and seek to provide federally tax - exempt monthly income.
The yields and risks are generally higher than those
offered by government and most
municipal bonds, and the income is subject to state and federal taxes.
Ratings agencies research the financial health of each
bond issuer (including issuers of
municipal bonds) and assign ratings to the
bonds being
offered.
Fidelity commissioned Corporate Insight to study
bond pricing, available online, for self - directed retail investors from five brokers that
offer corporate and
municipal bonds.
Rafael Costas and Sheila Amoroso, Co-Directors,
Municipal Bond Department, Franklin Templeton Fixed Income Group ®
offer some fresh perspective on ongoing developments in Puerto Rico, including a new Act that was signed into law there.
«Market participants will look back on this
municipal green
bond issuance for Massachusetts, and see it as the gateway to further green
bond issuances across the many states and many cities that are hoping to access less expensive funding to improve infrastructure, protect natural resources and
offer renewable energy,» says Bill Daley, Managing Director in Public Finance.
Instead, we would continue to emphasize U.S. high yield
bonds and longer - dated
municipals, as we believe both still
offer some relative value within fixed income.
Twenty new green labeled
bond offerings were announced, including 11 U.S.
municipal offerings with maturity structure (215 unique instruments).
This has prompted many foreign investors to seek out other investments, including American
municipal bonds, which still
offer attractive yields.
Below is a listing of official statements for current and recent
municipal bond issues
offered by Edward Jones.
What top hedge funds have been buying [Hedge Fund Wisdom] Free e-book on Texas HoldEm Investing [Texas Hold Em Investing] Latest letter from Greenstone Value Opportunity Fund [Distressed Debt Investing] Citigroup (C)
offers attractive risk - reward [Greg Speicher] Video: How Berkowitz got comfortable with Citi [Morningstar] Summary of a recent talk with SAC Capital's Steven Cohen [Dealbook] How Stevie Cohen changed my life [James Altucher] Hedge funds buying more
municipal bonds [CNBC] Sum of the parts valuation of Yahoo (YHOO)[Minyanville] Buffett says pricing power more important than good management [Bloomberg] Passport Capital sees oil prices holding up [WSJ] Bank loan funds drawing interest [InvestmentNews] For more great links, scroll through this linkfest [AbnormalReturns]
Municipal bonds can be illiquid and expensive to purchase, even for
bonds, meaning ETFs can
offer substantial benefits to investors.
A high net worth investor may consider putting the majority of their
bond fund allocation into a
municipal bond fund, for the tax benefits they
offer.
The firm believes analytical tools that apply to taxable
bonds do not work properly on tax - exempt
bonds and instead has developed and uses proprietary analytics, including a Net Implied Tax Rate that indicates when we think
municipals offer value.
Though
municipal bonds generally
offer lower interest payments compared with taxable
bonds, their overall return may be higher because of their tax - reduced (or tax - free) status.
Both
offer tax - free growth (something no other retirement account or strategy
offers except for properly structured whole life insurance and
municipal bonds) and both
offer some liquidity provisions so you can access your money before you reach 59 1/2.
Because
municipal bonds seek to provide tax - free income, they have generally
offered higher yields than their taxable counterparts.
FDIC insurance does not, however, cover other financial products and services that insured banks may
offer, such as stocks,
bonds, mutual fund shares, life insurance policies, annuities or
municipal securities.
Municipal bond ratings are conducted in a similar fashion to
bond offerings by the federal government and private corporations.
U.S.
municipal bonds, whether tax - free or taxable,
offer incremental yield relative to the negative or near zero yield environments seen in the Eurozone and Japan.
Municipal bonds can play an important role in an investor's portfolio,
offering a higher tax - equivalent yield than many taxable fixed income alternatives, and the potential for portfolio diversification to stocks and other types of
bonds.
The best tax - free
municipal bond funds should
offer reasonable management fees and expenses that are comparable to similar products.
This meant that
municipal bonds, which typically yield less than Treasuries before tax, began to
offer yields higher or comparable to federal government debt on a pre-tax basis.
Franklin has been managing tax - free income funds for nearly 40 years, utilizing a team of 32 investment professionals which
offers, in our view, an expert perspective on the
municipal bond market.
Consider that, as of the end of April 2016, the 10 - year Treasury
offered a yield of 1.83 % while the Barclays
Municipal Bond Index had a yield of 1.84 %.
Bond Buyer: A publication which contains news of interest to the municipal bond market; also contains worksheets designed to assist syndicates in preparing their bids for an offer
Bond Buyer: A publication which contains news of interest to the
municipal bond market; also contains worksheets designed to assist syndicates in preparing their bids for an offer
bond market; also contains worksheets designed to assist syndicates in preparing their bids for an
offering.