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9/2/2008 1:53:20 PM
Are you utilizing municipal bonds, and if so, what type, and why?
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Posted by: Tom Mcmanus - 9/3/2008 12:41:30 PM
not individuals...Only if they are inside a mutual fund
Posted by: Dan Fowler - 9/4/2008 8:09:05 AM
I do not use individual municipal bonds as the yield is so low right now. Instead I buy established closed end funds that are invested in muni's and are at least A grade. (ie PMA, NXZ, PML, MUA etc) They pay monthly dividends as opposed to muni bonds which pay every 6 weeks
Posted by: Wm Lafleur - 9/4/2008 8:09:21 AM
A rated Short term California floaters to boost after tax income on idle cash.
Posted by: Jim Clements - 9/4/2008 8:09:59 AM
Yes, Colorado Bond Shares (HICOX) 5+% yield, long term record.
Jim Clements
Posted by: Tony Savarese - 9/4/2008 8:44:01 AM
Depending on the size of the client's portfolio and risk tolerance, I have used a laddered approach (150K per year), however, I usually tend to lean towards funds (open or closed depending on the amount to be allocated)and I prefer doing it in a fee based account.
Posted by: - 9/4/2008 8:54:45 AM
I use closed end funds for income especially for high income clients with tax concerns.
Posted by: - 9/4/2008 9:56:35 AM
I utilize Muni Bond Funds for clients in higher tax brackets. I also utilize state specific muni's.
Posted by: - 9/4/2008 9:57:25 AM
I utilize muni bond funds and I try to utilize state specific for those cleints in higher tax brackets.
Posted by: - 9/4/2008 12:55:28 PM
No - not utilizing munis at present. Use some bond funds where appropriate.
Posted by: - 9/4/2008 1:59:21 PM
Not at all!!!!!!!!!
Posted by: David Ballard - 9/4/2008 4:17:26 PM
Yes, I have clients that purchase individual muni bonds, both nationally and california,arizona.
Posted by: David Ballard - 9/4/2008 4:18:12 PM
Yes, I have clients that purchase individual muni bonds, both nationally and california,arizona.
Posted by: - 9/5/2008 6:58:43 AM
I use municipal bond funds only, not individual bonds.
Posted by: - 9/5/2008 7:21:26 AM
Only if in SMA or other managed account as part of the allocation model
Posted by: Jim Armagost - 9/5/2008 7:48:33 AM
Ever since Washington public Power I have used only municipal bond funds - some state specific and mix between long and limited term funds. The best reason to use is that real municipal bond buyers are accumulators and hold for the long term and they generally have an unlimited supply of money.
Posted by: - 9/5/2008 8:11:41 AM
I am not utilizing municipal bonds.
Posted by: - 9/5/2008 8:52:47 AM
yes, mutual fund and CEF's. great divs now. high potential for gain with possible new tax law.
Posted by: - 9/5/2008 8:58:42 AM
I am using high grade, shorter duration, municipal bond funds in taxable portfolios for clients in higher tax brackets.
Posted by: - 9/5/2008 10:49:52 AM
Currently studying for my Series 7 exam.
Posted by: Frank Owen - 9/8/2008 7:05:33 AM
I am not using municipal bonds. Most of my clients have social security income and the fact that tax free interest can be aded to tax social security makes me look in other directions. Additionally most of them do not have income needs and are focused on portfolio growth
Posted by: Gary London - 9/9/2008 7:13:33 PM
We have started adding muni bond funds to our client portfolio's over the last 3-4 months. The tax exempt yields are currently very attractive based on the price declines they have suffered over the past 12-18 months. We are using both short term (Wells Fargo ultra short muni) and high yield muni bond funds (MFS Municipal high income)depending on the clients risk tolerance, income needs and timeframe.
Posted by: Bill Hoeth - 9/10/2008 8:07:45 AM
No I am not utilizing municipal bonds.
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