The Municipal Bond folio was developed for investors seeking tax benefits, capital preservation and income with moderate bond risk.
The Municipal Bond folio consists of ETFs that invest in municipal bonds and is designed to provide income exempt from U.S. federal income taxes.
Municipal bonds are issued by U.S. cities, counties, and states. The level of income from these bonds is generally higher than that of money market and short-term bond ETFs but the values are likely to be more volatile.
Last Updated: April 23, 2018
Inception Date: 2001-01-15 00:00:00.0
Date Funded: 2009-08-31*
|Year to Date||-1.51%||0.45%|
|1 Year Volatility||2.09%||12.11%|
* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.
(% of Folio)
|1||MUB||ishares s&p national municipal bond fund||25.00%|
|2||PZA||powershares insured national municipal b||25.00%|
|3||SHM||spdr barclays capital short term municip||25.00%|
|4||TFI||spdr barclays capital municipal bond etf||25.00%|
The number of securities in this folio will vary.
If the characteristics of the Folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a Folio has been updated that you place orders to update your holdings.