|Last Price$52.98||Day Change (%)-0.04%|
|Open Price$52.90||Day Change ($)-0.02|
|Day Range52.90–53.12||52-Week Range52.50–55.50|
As of Thu 5/28/2015 4:58:00 PM | USD
UPDATE: Despite bond-selling spree, cities, states spending less on infrastructure
UPDATE: Fed to let banks use some muni bonds to meet liquidity requirements
Fitch Affirms Florida Muni Power Agency's Various Project Rev Bonds; Outlook Stable
Chicago is not on the road to becoming the next Detroit: Schwab asset manager
Low-cost bond funds like Vanguard GNMA, Fidelity Intermediate Muni Income, and Dodge & Cox Income can provide much-needed diversification to an equity-heavy portfolio, says Morningstar's Russ Kinnel.
Shareholders voted against PIMCO's adversaries, and CEF IPOs are back under the microscope.
After a strong 2014, we're keeping an eye on interest rates and issuance, which could both creep higher and sting in 2015. Plus, two muni -fund picks worth a look today.
SPDR Nuveen Barclays Municipal Bond ETF offers a portfolio of high-quality muni bonds at a low cost and a relatively attractive tax-equivalent yield.
Bronze-rated Wells Fargo Advantage Ultra Short-Term Municipal Income has delivered solid long-term returns with low volatility, but it can lag more rate-sensitive peers.
Increasing demand, tightening supply, and expectations for higher rates and inflation should bring better muni returns in the coming years, says Nuveen's John Miller, Puerto Rico notwithstanding.