Sentences with phrase «municipal bond indices»

Puerto Rico Bonds Removed from Investable Municipal Bond Indices On January 8, 2014, S&P Dow Jones Indices announced that it is removing bonds issued by Puerto Rico and other territories from the S&P National AMT - Free Municipal Bond Index effective January 31, 2014.

Table 1) Select S&P municipal bond indices and the percentage of Puerto Rico bonds by market value in each index

(It is noted that municipal bond indices take into account the interest accrued to bondholders however not the ensuing tax benefits of the interest income.)

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

According to Bloomberg data on the S&P AMT - Free National Municipal Bond Index, munis returned 3.3 percent in 2015, beating taxable investment grade bonds.

The Bloomberg Barclay's High Yield Municipal Bond Index tracks consists of below - investment grade municipal bonds.

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.

The Barclays Municipal Bond Index is an unmanaged index representative of the tax - exempt bond market.

NEW YORK (AP)-- Yields for municipal bonds climbed this week, and the 10 - year yield on the AP Municipal Bond index hit its highest level in a month.

Investment grade municipal bonds tracked in the S&P National AMT - Free Municipal Bond Index have seen a negative total return of 4.97 % in June so far, the worst month since September 2008 when the index was down 5.13 %.

After a stellar 2014 in which the S&P Canada Provincial & Municipal Bond Index returned 10.48 %, this index is still out in front as of March 6, 2015, returning 2.76 % YTD.

The components of the S&P Canada Aggregate Bond Index are all wider by an average of 29 bps as of March 6, 2015; S&P Canada Sovereign Bond Index (28 bps), S&P Canada Provincial & Municipal Bond Index (32bps), S&P Canada Investment Grade Corporate Bond Index (26 bps), and S&P Canada Collateralized Bond Index (32 bps).

In 2014, the default rate of the S&P Municipal Bond Index rose for the first time since 2011, finishing the year at 0.17 %.

Muni investors enjoyed a perfect run in 2014 as the market notched a positive return each and every month, leading the S&P Municipal Bond Index to an annual return of 9.26 %.

By comparison the investment grade tax - free muni market tracked in the S&P National AMT - Free Municipal Bond Index is up 2.98 %.

As we near the end of the first quarter, investment grade tax - exempt bonds tracked in the S&P National AMT - Free Municipal Bond Index have returned 0.93 % year - to - date underperforming relative to the over 2 % return of the investment grade corporate bond market tracked in the S&P U.S. Investment Grade Corporate Bond Index.

The yield of the broader S&P Municipal Bond Index also remained unchanged on the week at a 2.67 % though unlike Puerto Rico, the broad index is returning 5.59 % year - to - date.

The Bloomberg Barclays Municipal Bond Index posted a -0.36 % return.

The Fund (Class I Shares) returned -0.45 % in April, underperforming its benchmark, the Bloomberg Barclays Municipal Bond Index.

The investment seeks results that correspond generally to the price and yield performance, before fees and expenses, of S&P California AMT - Free Municipal Bond index.

Municipal bonds are measured by the Bloomberg Barclays US Municipal Bond Index, an unmanaged index of municipal bonds with maturities greater than two years.

Both Michigan G.O. bonds and the S&P Municipal Bond Index have annual returns between 6 - 7 % with yields struggling to eclipse 3 %.

Using the broadest municipal bond index Read more -LSB-...]

9 The Bloomberg Barclays Municipal Bond Index is an unmanaged index of municipal bonds with maturities greater than two years.

Investment grade municipal bonds tracked in the S&P National AMT - Free Municipal Bond Index have seen a negative total return of 4.97 % in June so far, the worst month since September 2008 when the index was down 5.13 %.

The Bloomberg Barclays 7 - Year Municipal Index is a subset of the Bloomberg Barclays Municipal Bond Index, covering those issues with remaining maturities of six to seven years.

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 %.

The modest total return of the S&P Municipal Bond Index (0.77 %) in 2016 masked an atypical year of volatility for the normally staid market place.

Both the Bloomberg Barclays Municipal Bond Index and Bloomberg Barclays U.S. Corporate Bond Index contain investment grade bonds, but corporate bonds» income is subject to income taxes.

Coupon cash flow: Investment grade, tax - exempt municipal bonds tracked in the S&P National AMT - Free Municipal Bond Index have an average coupon of 4.61 % vs. the average coupon of 3.72 % of the bonds in the S&P 500 / MarketAxess Investment Grade Corporate Bond Index.

Diversity & number of bond issues: The nearly 100,000 bond issues tracked in the S&P Municipal Bond Index illustrates that the municipal market has many smaller and less frequent issuers than the corporate bond market.

The broad S&P Municipal Bond Index tracks over $ 1.77 trillion of the $ 3.8 trillion municipal bond market.

According to Bloomberg data on the S&P AMT - Free National Municipal Bond Index, munis returned 3.3 percent in 2015, beating taxable investment grade bonds.

The municipal bond market steadily marched upward in 2014 and the S&P Municipal Bond Index ended up 9.26 %.

The S&P Short Term AMT - Free Municipal Bond Index has seen its weighted average yield remain fairly steady and has recorded a modestly down June so far of Read more -LSB-...]

The S&P National AMT - Free Municipal Bond Index is up 1.25 % year to date improving by 0.91 % so far in April.

The S&P Municipal Bond Index has returned 5.74 % year to date as yields have remained relatively stable as the market absorbs new issue supply.

The municipal bond market tracked by the S&P Municipal Bond Index has seen a 4.11 % year - to - date return.

Investment grade municipal bonds tracked in the S&P National AMT - Free Municipal Bond Index have seen a 3.95 % return.

A measure of the fund's volatility relative to the market, as represented by the Barclays Municipal Bond Index.

Percentage of the fund's returns explained by movements in the Barclays Municipal Bond Index.

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.

Its benchmark, the S&P National AMT - Free Municipal Bond Index, is the same as the $ 4.2 billion iShares National AMT - Free Muni Bond ETF.

The S&P National AMT - Free Municipal Bond Index has recorded a 0.72 % total return year - to - date.

Barely in positive territory, investment grade tax - exempt bonds tracked in the S&P National AMT - Free Municipal Bond Index have returned a positive 0.11 % ytd.

When comparing municipal bonds to investment - grade corporate bonds, the S&P National AMT - Free Municipal Bond Index has a yield - to - maturity of 3.17 %, compared with the S&P U.S. Investment Grade Corporate Bond Index's 3.16 % pre-tax.

The performance of these ladder portfolios can be compared to the S&P Short - Term National AMT - Free Municipal Bond Index, which holds bonds from 0 - 5 years to maturity and rebalances monthly.

The S&P Green Project Bond Index is up 8.85 % YTD however, outperforming the S&P Municipal Bond Index which is up 8.27 % YTD.

On a nominal return basis, investment grade corporate bonds tracked in the S&P 500 Investment Grade Corporate Bond Index have outperformed tax - exempt bonds tracked in the S&P National AMT - Free Municipal Bond Index.

Active muni portfolios are often more cost - effective and carry less risk than passive strategies seeking to replicate a municipal bond index.