The Yield Hunter's Quest

Albano, Christine
October 2004
Bond Buyer;10/22/2004, Vol. 350 Issue 31995`, p1
Trade Publication
Reports on the market performance of the municipal bonds in the U.S. Total net inflows of high-yield municipal bond mutual funds; Reduction of current interest rate climate; Scarcity of low credit quality bonds in the primary market.


Related Articles

  • Mutual Fund Outflows May Set New High. Maurice, Alex // Bond Buyer;12/01/2000, Vol. 334 Issue 31028, p1 

    Reports the negative cash flow of the municipal bond mutual funds in the United States. Impact of high interest rates on dividends; Existence of monthly cash flow losses; Effect of the outflow on liquidity; Influence of dividend reinvestment on mutual funds increase; Transition of investors...

  • Rising Interest Rates Take Their Toll. Fine, Jacob // Financial Planning;Aug2004, Vol. 34 Issue 8, p20 

    Reports on the decline in the municipal bond mutual funds in the U.S. during the second quarter of 2004. Net outflows of funds in May 2004; Percentage of total return loss posted for the quarter; Types of funds that were more successful in minimizing their declines; Sector that tends to be less...

  • The Market's Big Chill. Johnson, Matthew // Bond Buyer;4/8/2005, Vol. 352 Issue 32107, p1 

    Reports on the effect of interest rates on the performance of municipal bond mutual fund in 2005 in Rochester, New York. Views of Dan Loughran, vice president and portfolio manager at Oppenheimer-Funds Inc., on bond prices; Percentage of increase in general obligation bonds during the first...

  • Rising Interest Rates Hammered Most Portfolios in 2Q. Fine, Jacob // Bond Buyer;7/9/2004, Vol. 349 Issue 31922, p6 

    Reports that all but a handful of municipal bond mutual funds produced sub-zero returns in the U.S. as interest rates rose during the second quarter of 2004. Key issues of interest; Analysis of pertinent topics and relevant issues; Implications on the bond market.

  • June Outflows Bring 2Q Losses to $11.62B, Third-Worst on Record. Fine, Jacob // Bond Buyer;8/4/2004, Vol. 349 Issue 31940, p1 

    Reports on data from the Investment Company Institute indicating that municipal bond mutual funds suffered a net outflow of $3.23 billion in June 2004. Third worst quarter loss on record; Resemblance to the fourth quarter of 1994 when interest rates rose sharply; Comments of Citigroup Global...

  • First-Quarter Muni Inflows Outstrip Year-Ago Period. Fine, Jacob // Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p33 

    The article reports on the flow of municipal bond mutual funds in March 2006 which wrapped up in the first quarter of 2006. According to Dan Loughran of OppenheimerFunds Inc., several investors feared in rising long-term interest rates but with the U. S. Federal Reserve Board's monetary policy...

  • Net Outflows in 2004 Sink Tax-Exempt Assets to $327.7B. Fine, Jacob // Bond Buyer;2/2/2005, Vol. 351 Issue 32062, p6 

    The article informs that municipal bond mutual funds shrank in 2004 with a net outflow of $13.68 billion, making it their third worst year on record, the Investment Co. Institute reported. Total assets in municipal bond funds ended the year at $327.7 billion, according to the ICI. While interest...

  • Whither Those Rates? Fine, Jacob // Bond Buyer;1/9/2004, Vol. 347 Issue 31797, p1 

    Reports on the challenge faced by municipal bond mutual funds on the timing, speed and extent of a potential rise in interest rates in the U.S. Call of most economists for higher interest rates; Employment level in the third quarter; Uncertainty of economic recovery.

  • Hedge Funds, TOBs Enjoy Rapid Growth. Fine, Jacob // Bond Buyer;5/17/2005, Vol. 352 Issue 32134, p1 

    This article reports that hedge funds and tender-option bond (TOB) programs are playing an ever dominating role in the municipal bond market, dramatically altering the dynamics of underwriting and trading. The size of TOB programs and hedge funds in the municipal market has grown to roughly $100...


Read the Article


Sign out of this library

Other Topics