For the quarter ended September 30, 2024, BNY Mellon High Yield Municipal Bond Fund’s Class I shares returned 3.20%, ...
First, they pay more. Even with the 10-year rate up to 1.6% as I write, we can double or triple our dividends with munis. The iShares National Muni Bond ETF (MUB), for example, yields 2.1% ...
MFS California Municipal Bond Fund earns an Above Average Process Pillar rating. The primary contributor to the rating is the firm's retention rate of the firm's portfolio managers, which is 91% ...
“Consider a municipal bond that yields 3.3% compared to a fully taxable corporate bond that yields 4.7%. For bondholders in the 32% and above tax brackets, a muni may yield more after ...
This is a standard derivative strategy, long used by nonfinancial firms. It posed problems for municipalities when the floating rate on the municipal bonds they issued did not move in sync with the ...
Muni bond funds and ETFs are offering tempting yields vs. other fixed income offerings. Check out the issues while ...
Investors will be greeted with a diverse new-issue slate the week of Dec. 9, led by bellwether names. If all the deals price, ...