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Re: Bond Funds . . . 

By: nacl01 in POPE 5 | Recommend this post (2)
Tue, 26 Mar 19 5:28 AM | 69 view(s)
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Msg. 28765 of 62138
(This msg. is a reply to 28756 by Zimbler0)

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was paying better than found and a half.

I am usually pretty good with numbers, but, “found and a half” is beyond my grasp.

nacl


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The above is a reply to the following message:
Bond Funds . . .
By: Zimbler0
in POPE 5
Tue, 26 Mar 19 2:21 AM
Msg. 28756 of 62138

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.


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