Bond pricing reflects the present value of future coupon payments and principal, discounted at a rate that matches current market yields. Shifts in interest rates, issuer creditworthiness, and ...
State Street Investment Management, the asset management arm of State Street Corp. (NYSE:STT), expanded its SPDR MyIncome ETF suite with the launch of two actively managed target maturity funds, it ...
Many investors focus on past returns when making investment decisions. Our personal experiences – particularly recent losses or missed opportunities – can weigh heavily on how we approach risk and ...
The investment seeks to maximize current income that is exempt from regular federal income taxes while seeking preservation of capital. Under normal circumstances, the Adviser invests at least 80% of ...
Yield Curve and Duration Positioning: Overall, we maintain a constructive outlook on duration. We continue to look for opportunities to extend duration when appropriate and according to prospectus ...
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal and Massachusetts state personal ...
A 4.5% municipal bond yield and a 4.29% 10-year Treasury yield look nearly identical on paper. For someone in the 35% or 37% ...
On this episode of The Long View, Lyle Fitterer, senior portfolio manager and co-lead on the municipal-bond sector for Baird Advisors, shares his thoughts on what parts of the municipal-bond market ...
Municipal bonds, or "muni bonds," comprise debt securities that are issued by various states, cities, counties and other governmental entities to raise money to build roads, schools and a host of ...