Income Investor Perspectives

Just Published: The Muni Catchup for 1/30/2017

This Week’s Ingredients:

• Chart of the Week: Miami-Dade Condo Sales
• Performance Snapshot
• Comments: Trading, New Muni ETF, Infrastructure
• New Issue Supply: Light week ahead
• Fund Flows: still net positive…barely
• Market Data
• The Calendar
• The Bottom Line

Click here to read this week’s Muni Catchup

This is not investment advice. The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed and are subject to change without notice. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.
©2017 Patrick F. Luby
All Rights Reserved

This Week in The Muni Catchup:

• Comments
• Chart of the Week
• Performance Snapshot
• Fund Flows: still positive
• New Issue Supply: steady
• The Calendar
• Market Data
• Housekeeping: new stuff at IIP!
• The Bottom Line: barbell / underweight duration / conservative structure

This week’s Ingredients:

• Commentary
• Chart of the Week
• Performance Snapshot
• Fund Flows Turn Positive
• New Issue Supply Picking Up
• The Calendar
• Market Data
• The Bottom Line

Headlines continue to accrue about problems and concerns about underfunded public pension liabilities. In our view, MOST of these problems will be played out in slow motion, so self-directed investors and fiduciaries will need to be…

Click here to keep reading the latest Muni Catchup.

Update on Muni Bond Flows

• 8 weeks in a row of muni bond mutual fund net outflows
• 4 weeks in a row of muni bond ETF net inflows, and the 5th week out of the last 8

The regular edition of the Muni Catchup is delayed this week, but we wanted to share this interesting nugget of information.

This is not investment advice. The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed and are subject to change without notice. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.
©2017 Patrick F. Luby
All Rights Reserved

Amidst the turmoil of the post-election bond market—with rates rising, trade volumes surging and reduced dealer support of the over-the-counter bond market, how did the market for fixed-income ETFs do?

See my article on ETF.com to find the answer!