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  • bee November 2012
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The Only Thing A Muni Bond Guru Won't Predict

Comments

  • Thanks Ted,

    Three national Munis I have used in taxable accounts are from USAA. USAA is NFT at Vanguard.

    USATX - Intermediate Term Nat'l Muni
    USTEX - Long Term Nat'l Muni
    USSTX - Short Term Nat'l Muni

    I noticed SFLTX has a load, high turnover rate (218%) and a slightly higher ER. USAA's turnover rate is 13%. Here they are charted together over the last year. Capital apreciation has been a big part of muni gains.

    image
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