Sources: VanEckwww.vaneck.com, iShares by BlackRockwww.ishares.com, and The Vanguard Group www.vanguard.com. Table is provided for illustrative purposes only. Past performance is not a guarantee of future results. TEY = Taxable Equivalent Yield calculated at an assumed 37% tax rate.
Keep overall duration at or about 5.5 years while generating above market yields.
Take advantage of incremental yields of short term high yield municipal bonds
Begin to shift away from overvalued short term I.G. munis.
Stay as liquid as possible using larger ETFs and that have options available on the ETF where possible.
Addition of VanEck Vectors Short High-Yield Municipal Bond ETF (SHYD): Exception to above but no other similar ETFs available!
Past performance of any investment product or index referenced in the Rieger Report is not an indication of or guarantee of future results.
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