الجمعة, 31 أيار 2019 10:31

Super Safe Muni Bond

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(Dallas)

If you are looking for for a safe place to earn some yield in munis, look to Texas. Specifically, the Texas Permanent School Fund, a heavy weight in the muni market that backs $80 bn of debt. The fund has a triple A rating from multiple agencies and is one of the safest bets in the market. The bonds average a 1.9% yield, which is quite strong for the muni market, especially considering the average triple A only yields 1.7%.


FINSUM: This seems like a very strong credit, and one with a surprisingly good relative yield.

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