Sentences with phrase «municipal bond asset»

Fund outflows in the municipal bond asset class, in part driven by the Detroit bankruptcy, pushed municipal bond performance down in July according to the S&P National AMT - Free Municipal Bond Index.

Given that our crystal balls are opaque for predicting interest rates, I thought it would be interesting to continue my interview with two financial advisors about managing interest rate risk in the municipal bond asset class.

Municipal bond assets under management figure includes U.S. retail municipal bond fund assets and separately managed accounts.

Today, we're one of the largest municipal bond fund managers in the nation1, and have more than $ 71 billion in municipal bond assets under management.2

Not exact matches

The Barclay 3 - Year Municipal Bond Index is a total return benchmark designed for long - term municipaMunicipal Bond Index is a total return benchmark designed for long - term municipalmunicipal assets.

2) BusinessWeek, 1979: «Individuals who are not gobbling up hard assets are flocking to money market funds to nail down high rates, or into municipal bonds to escape heavy taxes on inflated incomes.»

Our investment team will typically select 25 — 50 bonds5 per account, and may invest in a mix of corporate bonds, U.S. Treasuries, government agencies, mortgage and asset - backed bonds, taxable municipal bonds, and floating - rate bonds.

The Wall Street Journal had a story on the front page of the «B» section Wednesday morning about banks getting some relief with regard to counting municipal bonds among their «liquid assets.»

The various types of bonds include U.S.government securities, municipals, mortgage and asset - backed, foreign bonds and corporate bonds.

The joint venture will take up closed - ended municipal - bond funds in the next year or so that when the predicted bond market collapse comes, it will drive fund prices down to as little as 40 % of net asset value.

In 2015, munis, as represented by the Barclays Municipal Bond Index, were actually the top fixed - income asset class, beating both Treasuries and corporate debt.

Over time, MFS has been a leading innovator in the asset management industry, including creating one of the first in - house research departments in the mutual fund industry in 1932, launching the first high - yield municipal bond fund and the first global balanced fund, and more recently creating «outcome - oriented» products, such as its line of target - risk, target - date, and other asset allocation strategies.

Three others could also boost income: counting municipal bonds as liquid, or easy - to - sell, assets; requiring less debt that won't have to be paid back if a bank fails; and making it easier to comply with post-crisis rules.»

Seth Carpenter, Selva Demiralp, Jane Ihrig and Elizabeth Klee find that some categories of investors appear to sell U.S. Treasuries to the Federal Reserve and rebalance toward riskier assets (corporate bonds, commercial paper, and municipal debt).

The top 25 mutual funds according to Kiplinget.com as of September 30, 2009 are: FUND NAME SYMBOL Baron Small Cap BSCFX CGM Focus CGMFX Dodge & Cox Stock DODGX Fairholme Fund FAIRX FBR Focus FBRVX Fidelity Contrafund FCNTX Fidelity Low - Priced Stock FLPSX FPA Crescent FPACX Longleaf Partners LLPFX Pimco CommodityRealRet Strat D PCRDX Selected American Shares S SLASX T. Rowe Price Equity Income PRFDX T. Rowe Price Mid-Cap Growth RPMGX T. Rowe Price Small - Cap Value PRSVX Vanguard Primecap Core VPCCX Vanguard Selected Value VASVX Artio International Equity II A JETAX Dodge & Cox Intl Stock DODFX Marisco Global MGLBX T. Rowe Price Emg Mkts Stock PRMSX Dodge & Cox Income DODIX Fidelity Intermediate Municipal Income FLTMX Harbor Bond Institutional HABDX Loomis Sayles Bond LSBRX Vanguard Infl - Protected Secs VIPSX These mutual funds cover a wide variety of assets.

This afternoon, he pleaded not guilty to 22 counts of fraud on the accusation he overstated the Town of Ramapo's assets in order to obtain $ 25 million in municipal bonds.

The stars aligned in spectacular fashion for the municipal bond market in 2014: Low supply amid solid demand, improving fiscal conditions among state and local issuers, and a broad drop in interest rates (and rise in bond prices) helped make munis one of the top - performing fixed income asset classes of the year.

The municipal bond market went 12 for 12 in 2014 to become one of the top - performing fixed income asset classes.

The investment universe for this strategy considers both tax - exempt municipal bonds as well as US dollar - denominated taxable fixed income securities, including governments, corporate bonds, asset backed securities and sovereign and supranational entities and taxable municipals.

Fixed income sectors shown to the right are provided by Barclays and are represented by the following Bloomberg Barclays Indices — Treasury Inflation Protected Securities: U.S. Treasury Inflation - Protected Securities (TIPS) Index; Floating Rate Loans: US Floating - Rate Note Index (BBB); Asset - backed securities: US Asset - Backed Securities Index; High Yield: US Corporate High - Yield Bond Index; Convertibles: US Convertible Bond Index; Mortgage - backed securities: US Aggregate Securitized MBS Index; Broad Market: US Aggregate Bond Index; Municipals: Municipal Bond 10 - Year Index; Investment Grade Corporates: US Corporates Index

The fund seeks to achieve its objective by investing at least 80 % of its assets in municipal bonds.

Although the advisor intends to invest at least 65 % of the fund's net assets in municipal bonds rated investment grade or in unrated municipal bonds that fund management believes are of comparable quality, it is possible that in the future the fund could invest up to 100 % of its assets in «junk bonds.»

In short, municipal bonds aren't an asset class reserved just for the rich.

These are probably safer than municipal bonds, but rising interest rates would have a similar effect on asset pricing — water stocks would take a dip in a rising rate environment.

Tobacco debt as an asset class has been a rockstar so far into 2014, the S&P Municipal Bond Tobacco Index has returned 10.31 % YTD.

The Federal Reserve Statistical Release shows assets in municipal bond ETF's have grown from $ 15.1 billion at year end 2014 to $ 24.7 billion at year end 2016.

There's one asset that can help ease that pain: municipal bonds.

Asset class: A group of investments with similar risk and return characteristics, such as cash equivalents, government bonds, municipal bonds, corporate bonds, common stock (or industry groupings within the broad category of common stocks), real estate, precious metals, and collectibles.

Our investment team will typically select 25 — 50 bonds5 per account, and may invest in a mix of corporate bonds, U.S. Treasuries, government agencies, mortgage and asset - backed bonds, taxable municipal bonds, and floating - rate bonds.

During the year, municipal bonds enjoyed being one of the «risk off» asset classes and as low Read more -LSB-...]

The various types of bonds include U.S.government securities, municipals, mortgage and asset - backed, foreign bonds and corporate bonds.

They also have 12 % in assets such as municipal bonds, non-agency MBS, bank loans, and preferred and convertible securities.

Among the types of bonds you can choose from are: U.S. government securities, municipal bonds, corporate bonds, mortgage and asset - backed securities, federal agency securities and foreign government bonds.

Those include domestic and international sovereign and corporate debt, municipal bonds, mortgage - and asset - backed debt securities, convertible bonds and preferred stock.

Long bonds have seen strength across asset classes in 2017 and municipal bonds are going along as this index has a 9.8 % total return so far in 2017.

The FINRA TAF for a covered TRACE - eligible security (other than an asset - backed security) and / or municipal security is $ 0.00075 multiplied by the number of bonds, with a maximum charge of $ 0.75 per trade.

The fund holds a small portion of its assets in Puerto Rico municipal bonds that have been impacted by recent adverse economic and market changes, which may cause the fund's share price to decline.

For taxable accounts, we select tax - advantaged assets like municipal bonds.

Keynote speaker, Jim Lebenthal, co-founder of Lebenthal Asset Management, will examine the overall health of the market and explore current opportunities in U.S. infrastructure and municipal bonds.

However, municipal bonds are only 4.8 % of total life companies» cash and invested assets, primarily for tax reasons.

For example, municipal bonds are the largest bond type for property / casualty companies, at 38.7 % of total property / casualty cash and invested assets as of year - end 2010.

S&P DJI: We've observed robo - advisors using core municipal bond ETFs within even the most basic asset allocations and at every level of client investment.

As for Bill Gross, the king of the bond kings, he recommends buying municipal bonds funds that trade at a discount of at least 10 % to net asset value (NAV) and a 5 % yield or higher.

Prior to Schroders, Susan was a Vice President and Portfolio Manager of U.S. Fixed Income at Deutsche Asset Management, formerly Morgan Grenfell & Co, specializing in Municipal bonds.

Over the past several weeks, the contagion emanating from the collapse of the market for complex structured assets that contain subprime mortgages has shaken the municipal bond market, one of the safest and most stable parts of the US financial system.

They were even tougher on me when I mentioned the possibility of picking up safer havens like intermediate treasuries via iShares 7 - 10 Year Treasury Bond (IEF) and intermediate - to - long duration municipal bonds via BlackRock Muni Assets Fund (MUA).

You can choose to invest in federal government securities (treasuries), municipal (munis) or corporate bonds, mortgage - and asset - backed securities, and foreign government bonds.

In their view, credit fundamentals are improving for many municipal bond issuers and taxable equivalent yields are attractive relative to other fixed income asset classes.

If you're shopping for bonds to round out your asset allocation, corporates involve more risk than municipal (munis) or treasury bonds.

In our view, rate - hedged municipal bonds are still attractive in a balanced portfolio for carry (after - tax) as are securitized assets, which are largely impervious to rate and beta volatility.