Deutsche X-trackers Muni Infras Revn Bd
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.
Why did muni maturities decline in the primary market in Q1 2014?
Average maturity for new municipal bond issues came in lower at 15.2 years in Q1 2014 compared to 16.3 years in 2013 and an average of 17.7 years over the period 1996-2013.
Why Texas topped the tables in state-wise municipal bond issuance
Texas led the long-term municipal bond issuance tables in Q1 2014, with about ~$8.8 billion worth of bonds issued.
Must-know portfolio risks to consider when you invest in bonds
Besides matching the duration, convexity, and present value distribution of cash flows, there are other ways to effectively index a bond portfolio to a benchmark.
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.