U.S. Municipal Debt Draws Rush Of Investors

Ted

FYI: (Click On Article Title At Top Of Google Search)
Investors are buying municipal debt at a record clip, enduring low returns in exchange for the relative stability of bonds sold by U.S. state and local governments.

Municipal-bond funds had more than $632 billion in assets as of June 1, a record high, according to Lipper data going back to 1992. Investors have poured a net $22.5 billion into such mutual funds in 2016 through Wednesday, the best start to a year since 2009. They have pulled $39.97 billion from equity funds in the same time
Regards,
Ted
https://www.google.com/#q=U.S.+Municipal+Debt+Draws+Rush+of+Investors++WSJ

TSP_Transfer

Sure Makes Sense in These States
The U.S. States With The Highest Tax Burdens In 2016

by Tyler Durden - Jun 6, 2016 10:40 PM
Published on Zero Hedge
Across the United States, some residents have to pay far more state and local tax than others. The amount you pay depends heavily on the state you reside in with New Yorkers suffering under the heaviest tax burden according to website Wallethub.

As Statista details, the tax burden measures the percentage of a person’s income which goes towards state and local tax, different to the tax rate, which depends heavily on income and personal circumstances
http://www.zerohedge.com/print/562876



Possible relief for us and @Ted residents ?

Muni Single State Long Maturity
http://news.morningstar.com/fund-category-returns/muni-single-state-long/$FOCA$SL.aspx

Muni Single State Intermediate Term
http://news.morningstar.com/fund-category-returns/muni-single-state-interm/$FOCA$SI.aspx

Muni Single State Short Term
http://news.morningstar.com/fund-category-returns/muni-single-state-short/$FOCA$SS.aspx