PowerShares VRDO Tax-Free Weekly ETF
Latest PowerShares VRDO Tax-Free Weekly ETF News and Updates
Factory orders race ahead, driving companies like Union Pacific
The US Census Bureau will release the factory orders report for March on Friday, May 2. The Bureau already released an advance report on factory orders and shipments for March last week.
Fiscal policy changes US investors much watch out for
According to the American Society of Civil Engineers, the US has to spend ~$3.6 trillion by 2020 to make needed infrastructure improvements. This should mean more municipal bonds (MUB) will be issued to help finance these projects.
Key benefits of municipal bond investments for your portfolio
The chief advantage of investing in municipal bonds (VRD) is that the interest income on most of them is exempt from federal income taxes and often state and local taxes as well.
Why investors should consider municipal bonds despite Puerto Rico
The municipal bond (RVNU) market’s debt outstanding on December 31, 2013, stood at ~$3.7 trillion, making up about 9.2% of the total outstanding debt in the U.S.
Why you should consider variable-rate demand obligation bonds
Variable-rate demand obligations (or VRDOs) are long-term, tax-exempt, floating-rate bonds whose interest rates generally reset on a daily, weekly, or monthly basis.
Bond investing: Key risks and strategies to boost your portfolio
As with all investments, fixed income investments are subject to risks too. Bond prices increase when interest rates decline and decline when interest rates increase.
Must-know market update: Is Puerto Rico losing its salsero vibe?
The charm of the island has been overshadowed with feelings of pessimism regarding the fiscally distressed state of the economy.