31 May Are you getting the best yield?
Are you earning enough interest on your checking or savings account? With inflation, you are likely losing purchasing power. We are always looking for ways to add value and help you achieve your goals. Right now, we see tremendous opportunity in short term bond ladder investments. These investment grade bonds are showing strong yields.
Each week, we’ll share the bonds that have our attention as well as two sample bond ladders—one taxable and one tax-free.
May 30, 2023
This week’s Short Term Bond Ladders:
Taxable Bond Ladder – hypothetical $600,000 portfolio
Tax-Free Bond Ladder – hypothetical $600,000 portfolio
This Week’s Bonds of Note:
Yields—YTM: Yield to Maturity | YTW: Yield to Worst | TEY: Tax Equivalent Yield
Taxable:
*TEY assumes NJ State 10.75%
Tax-Free:
**TEY assumes Federal 37%, NJ State 10.75%
Contact us to learn more.
Rates are as of May 30, 2023.Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Legend: AMT: Alternative Minimum Tax, Attr: Attributes, BPS: Basis Points, BQ: Bank Qualified, C: Callable, CB: Corporate Bond, CD: Certificate of Deposit, Chng: Change, Corp: Corporate Bond, CV: Convertible, EC: Extraordinary Call, E.PX: End Price, Est: Estimated, ETM: Escrowed to Maturity, GB: Green Bond, Insr: Insurance, Int.: Interest, MI: Material Information, MN: Material News, Mtrl Info: Material Information, MUNI: Municipal Bond, NC: Non-Callable, OID: Original Issue Discount, Prem Call: Premium Call, PreRe: Pre-refunded, Pt: Putable, R: Refunded, Rev: Revenue, RF: Forward Refunded, Settle: Settlement Date, SF/Sinker: Sinking Fund, S.Px: Start Price, STEP: Stepped Coupon, Structure: Structured Security, Survivor Opt (SO): Survivor Option, Taxable: Federally Taxable, TBCO: Tobacco, Trea: Treasury Bond, Under: Underlying Credit Ratings, UST/TREAS: U.S. Treasury, X-O Refunded Cross-over Refunded, Yrs: Years, YTW: Yield to Worst, YTM: Yield to Maturity, *: Powered by Bing
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