Sentences with phrase «municipal high yield bonds»

Municipal high yields bonds tracked in the S&P Municipal Bond High Yield Index have risen over 2.1 % year - to - date, the same index excluding Puerto Rico bonds is up over 3 % year - to - date.
The index has seen a year to date return of negative 7.66 % helping to hold back the returns of the municipal high yield bond market.
One bright light is the municipal high yield bond market as the S&P Municipal Bond High Yield Index is up 0.82 % year - to - date helped by positive performance in May by Puerto Rico bonds and a recovery over 3.2 % of the Tobacco Settlement bond sector.

Not exact matches

Also, they usually offer higher yields than municipal bonds.
RB: The extreme undervaluation of high yield municipal bonds.
Like most sectors of the fixed - income market, municipal bonds struggled in the first quarter as yields climbed higher.
Tax reform could impact the high yield market and lead to a buying opportunity for municipal bonds.
Similarly, you should have a variety of bonds in your portfolio, including Treasury bonds, municipal bonds, corporate bonds, bonds with different maturities, foreign bonds and high - yield bonds.
Collins has adopted a more defensive position in the last 18 months, reducing duration and credit risk by scaling back overweight positions in high - yield and municipal bonds, but he's sticking with allocations to intermediate term funds.
Although municipal bond yields are generally lower than taxable bond fund yields, some investors in higher tax brackets may find they have a higher after - tax yield from a tax - free municipal bond fund investment instead of a taxable bond fund investment.
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.
There is the Treasury or Government bond, the Zero - coupon bonds, the Fixed rate bonds, the Floating rates notes, the High - yield bond, the Exchangeable bonds, the Convertible bonds, the Inflation - indexed bonds, the Subordinated bonds, the Covered bonds, the Perpetual bonds, the Bearer bonds, the Municipal bonds, the Revenue bonds, and the Social impact bonds amongst others.
The minimal dividends from traditional CDs and high - quality Treasury bonds leaves little to be desired when compared to corporate or municipal debt yielding magnitudes of greater income.
They should go higher as interest rates rise, but they aren't as tax efficient as municipal bonds, which are already yielding higher rates.
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.
Although default risk is typically low, there are high - yield municipal bond funds that increase credit risk.
We prefer tax - exempt municipal bonds, as well as U.S. high yield debt.
The Bloomberg Barclay's High Yield Municipal Bond Index tracks consists of below - investment grade municipMunicipal Bond Index tracks consists of below - investment grade municipalmunicipal bonds.
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.
Municipal Bonds provide investors with a great combination of high yields and tax - free income.
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 inmunicipal bonds climbed this week, and the 10 - year yield on the AP Municipal Bond index hit its highest level inMunicipal Bond index hit its highest level in a month.
The duration of the S&P Municipal Bond High Yield Index is 7.58 vs a 4.98 duration of the S&P U.S. Issued High Yield Corporate Bond Index.
High yield municipal bond yields have risen by 30bps in the same time period as the S&P Municipal Bond High Yield Index is down 1.76 % so far in yield municipal bond yields have risen by 30bps in the same time period as the S&P Municipal Bond High Yield Index is down 1.76 % so farmunicipal bond yields have risen by 30bps in the same time period as the S&P Municipal Bond High Yield Index is down 1.76 % so far in Jbond yields have risen by 30bps in the same time period as the S&P Municipal Bond High Yield Index is down 1.76 % so farMunicipal Bond High Yield Index is down 1.76 % so far in JBond High Yield Index is down 1.76 % so far in Yield Index is down 1.76 % so far in June.
MFS ® Municipal Income Trust is the first closed - end, high - yield municipal bond fund traded on the New York Stock Municipal Income Trust is the first closed - end, high - yield municipal bond fund traded on the New York Stock municipal bond fund traded on the New York Stock Exchange.
But after considering the impact of taxes, the taxable - equivalent yield (the return required on a taxable bond to make it equal to the return of a tax - exempt bond) of municipal bonds was a full percentage point higher, at 3.75 %, for investors in the highest (37 %) tax bracket.
While the majority of municipal bonds are investment grade, there are high yield municipal bonds and bond funds that invest in them as well.
This means that investors in high yield municipal bond funds should be willing to accept much higher volatility in both the share price of the fund and the income stream that it provides.
Examples are Bank Loan Funds, High Yield Corporate Bond Funds, and High Yield Municipal Bond Funds.
I'm looking at VWAHX High Yield Tax Exempt municipal bond fund and am wondering if this is a good option as well.
You'll also have to find a high - grade municipal bond that fits your time horizon with a yield high enough to beat the other short - term investment options.
The graph below charts yield to worst of bonds in the S&P Municipal Bond Puerto Rico General Obligation Index vs. the yield to worst of bonds in the S&P U.S. Issued CCC & Lower High Yield Corporate Bond Iyield to worst of bonds in the S&P Municipal Bond Puerto Rico General Obligation Index vs. the yield to worst of bonds in the S&P U.S. Issued CCC & Lower High Yield Corporate Bond Iyield to worst of bonds in the S&P U.S. Issued CCC & Lower High Yield Corporate Bond IYield Corporate Bond Index.
We prefer tax - exempt municipal bonds, as well as U.S. high yield debt.
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
Related investing themes: Bond Funds, Municipal Bond Funds, High Yield Bond Funds, Corporate Bond Funds, Goverment Bond Funds.
For more information about bonds, see our Investor Bulletins on municipal bonds, corporate bonds, high - yield corporate bonds and interest rate risk.
Because municipal bonds seek to provide tax - free income, they have generally offered higher yields than their taxable counterparts.
Meanwhile, taxable equivalent yields of the non-callable municipal bonds in that maturity range remain significantly higher and more in line with U.S. corporate bonds.
At that point the 3 % municipal bond has a taxable equivalent yield of 4.62 %, slightly higher than the corporate bond.
But after considering the impact of taxes, the taxable - equivalent yield (the return required on a taxable bond to make it equal to the return of a tax - exempt bond) of municipal bonds was a full percentage point higher, at 3.75 %, for investors in the highest (37 %) tax bracket.
They can also select high - yield or municipal bonds.
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.
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.
For example, the annual return on long - term US Treasury bonds is likely to be very different from the return reported for high - yield corporate bonds or general obligation (GO) municipal bonds.
Franklin Liberty Intermediate Municipal Opportunities ETF (FLMI) will have a bent toward intermediate - and higher - yielding opportunities versus the Franklin Liberty Municipal Bond ETF (FMLB), which will be investing more in high - grade bonds with slightly longer maturities.
Yield: Investment grade tax - exempt municipal bonds on average are yielding 2.03 % vs. higher yielding taxable investment grade corporate bonds.
However, looking at it from the perspective of Taxable Equivalent Yield (TEY) municipal bonds are currently at higher yields than their corporate bond equivalents.
Municipal bond buyers typically demand a higher yield for this illiquidity — «Liquidity Premium».
The S&P Municipal Bond High Yield ex-Puerto Rico Index down nearly 4.5 % in the last three months of 2016 has rallied back with a total return of 8.34 % in 2017.
Under J.R.'s management, S&P Dow Jones Indices has launched a global suite of fixed income indices, which includes a focus on transparency for municipal, corporate, and high - yield bonds, senior loans, and sovereign debt.
The S&P Municipal Bond New Jersey General Obligation Index has seen its weighted average yield rise by 21bps in 2015 eerily similar to the rise of yields in the S&P Municipal Bond Puerto Rico General Obligation Index which have moved 22bps higher.
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