If that's the case, consider switching some of your fixed-income investments to municipal
bond funds, which pay tax-exempt income.
Last year, the combined, weighted, after-tax yield of this portfolio of municipals
, government, and high-yield bonds would have been 6.
Ahern, CFA, is a Vice President of Eaton Vance Management and portfolio manager of Eaton Vance National Limited Maturity Municipals
Fund, Eaton Vance Insured Municipal
Bond Fund II (AMEX:EIV), Eaton Vance Tax-Free Reserves Fund and 10 state-specific Eaton Vance municipal
income mutual funds and closed-end funds.
FICC's interactive real-time messaging functionality allows broker/dealers to submit municipal
trade data to RTTM using a single interactive message that serves two purposes - it forwards the data to the MSRB in real time for price reporting, and it continues to accept data for processing by NSCC.
today announced that Kathleen Brown has joined the firm's Municipal
Finance department, where she will serve as Head of the West Coast region.
On a tax adjusted basis, municipals
have been the best-performing asset class over the last three years (source: Lehman Brothers).
The Fund outperformed the Lipper General Municipal
Leveraged Median for the 1-year, 3-year and 5-year periods ended March 31, 2001, based on market price (at NAV the Fund underperformed for all three periods).
LLC, has received top rankings as a total return municipal
bond manager for its actively managed tax-free portfolios with a total return objective.
Allen Williams, President of Thomson Financial Municipals
Group, said The Bond Buyer's reputation for integrity is a key element of the credibility of the entire group's product offerings, and he is confident placing it in Resnick's hands.
Telerate's strength in capital markets data, particularly municipals
, makes it the perfect outlet for offering the Consensus," said Thomas G.
Priced at $250, Telerate Municipals
is the most cost-effective and comprehensive muni package available.
Where appropriate, we expect to increase our exposure to lower-rated, investment-grade securities because of the widening of spreads over high-grade municipals