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Seems to me . . . a very long time ago . . .
'Conventional Wisdom' was that municipal bonds (or bond fund)
paid out less than corporate bonds (or funds) because the
'no federal income tax' on the municipal bonds made them more
attractive than the corporate ones.
So why . . .
I went looking through my old printouts and reports . . .
And around 2013 to 2014 my corporate bond fund was paying
a yield of maybe three and a half percent . . . while my
municipal bond fund was paying better than found and a half.
For 2018 it looks like my corporate bond fund paid out 2.8% yield.
While one muni fund yielded 3.3% and (my current favorite) is 3.8%.
Any reasons why?
Zim.
Mad Poet Strikes Again. |
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