Muni Bond Experts Sound Short-Term Warnings on Puerto Rico, Long-Term on Local Munis
Morningstar panelists disagree on opportunities in Puerto Rico, but agree that the muni bond world is changing, not necessarily for the better.
Measuring Risk in Target-Date Funds
TDFs’ “explosive growth masks the fact that they are still in their infancy,” said Rich Weiss of American Century Investments.
Treasury’s Miller Surfaces as Possible Replacement for SEC’s Schapiro
Rumors are circulating that Treasury Department Under Secretary Mary John Miller, former T. Rowe Price executive, is the top candidate to replace Schapiro.
Experience and Flexibility
Experience: accept no substitute. In a world where the phantom valuations and effervescent ratings of mortgage-backed securities seem to be overshadowing all of the markets,...
Investors Stay Loyal to Municipal Junk Bond Funds
Dec. 16, 2004 -- Rising interest rates have spurred investors to abandon some bond mutual funds this year, but one group of fixed-income investments -- high-yield municipal bond funds -- has continued to attract money. Funds that buy these securities have turned in good results so far, and that should...
John Rogers Jr. and John Miller of Ariel Fund
S&P Rank: 4 Stars Cash Increases As Investment Candidates Decrease