National Muni Fund

Have a question about your personal investments? No matter how simple or complex, you can ask it here.

National Muni Fund

Postby TT » Tue Dec 11, 2012 9:20 am

I have been researching investing in Muni Funds and have narrowed it down to:

Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX)
Performance 1-3-5-10 - inception
9.06% 6.26% 5.74% 4.83% 5.85%
Return after taxes and distribution 6.08% 5.03% 5.38% 4.35%
Expense .20

T. Rowe Price Summit Municipal Inc PRINX
Performance 1-3-5-10 inception
12.98 8.22 6.76 5.74 5.68
Return after taxes and distribution 12.57 7.20 5.23 4.43
Expense .50

Which would you consider to purchase and if not either one which National Muni Fund for long term investment
Thanks
TT
 
Posts: 370
Joined: Sat Oct 17, 2009 8:27 am

Re: National Muni Fund

Postby Rainier » Tue Dec 11, 2012 9:22 am

You need to compare expense ratio, yield and duration.
- Bill
User avatar
Rainier
 
Posts: 859
Joined: Thu Jun 14, 2012 6:59 am

Re: National Muni Fund

Postby Sidney » Tue Dec 11, 2012 9:50 am

Rainier wrote:You need to compare expense ratio, yield and duration.

and quality of the holdings. Also PAB holdings.
I always wanted to be a procrastinator.
Sidney
 
Posts: 5684
Joined: Thu Mar 08, 2007 7:06 pm

Re: National Muni Fund

Postby tigerman3 » Tue Dec 11, 2012 1:02 pm

Not a huge difference in duration. But there is in credit quality.
User avatar
tigerman3
 
Posts: 53
Joined: Tue Aug 14, 2012 1:26 am

Re: National Muni Fund

Postby Call_Me_Op » Tue Dec 11, 2012 2:21 pm

TT wrote:I have been researching investing in Muni Funds and have narrowed it down to:

Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX)
Performance 1-3-5-10 - inception
9.06% 6.26% 5.74% 4.83% 5.85%
Return after taxes and distribution 6.08% 5.03% 5.38% 4.35%
Expense .20

T. Rowe Price Summit Municipal Inc PRINX
Performance 1-3-5-10 inception
12.98 8.22 6.76 5.74 5.68
Return after taxes and distribution 12.57 7.20 5.23 4.43
Expense .50

Which would you consider to purchase and if not either one which National Muni Fund for long term investment
Thanks


I am sure you are aware that the return is likely to be much lower over the next several years - closer to 1.5%.
Best regards, -Op | | "In the middle of difficulty lies opportunity." Einstein
Call_Me_Op
 
Posts: 4621
Joined: Mon Sep 07, 2009 3:57 pm
Location: Milky Way

Re: National Muni Fund

Postby gerntz » Tue Dec 11, 2012 2:32 pm

If I lived in a state income tax state, I'd want a state-speciifc fund to save those taxes also.
gerntz
 
Posts: 294
Joined: Fri May 06, 2011 4:37 pm

Re: National Muni Fund

Postby midareff » Tue Dec 11, 2012 3:45 pm

Call_Me_Op wrote:
TT wrote:I have been researching investing in Muni Funds and have narrowed it down to:

Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX)
Performance 1-3-5-10 - inception
9.06% 6.26% 5.74% 4.83% 5.85%
Return after taxes and distribution 6.08% 5.03% 5.38% 4.35%
Expense .20

T. Rowe Price Summit Municipal Inc PRINX
Performance 1-3-5-10 inception
12.98 8.22 6.76 5.74 5.68
Return after taxes and distribution 12.57 7.20 5.23 4.43
Expense .50

Which would you consider to purchase and if not either one which National Muni Fund for long term investment
Thanks


I am sure you are aware that the return is likely to be much lower over the next several years - closer to 1.5%.

Op... wouldn't tht imply that the present monthly annualized yield of 3.0 - 3.1% would have to be changed by virtual doubling of the share price??
User avatar
midareff
 
Posts: 2311
Joined: Mon Nov 29, 2010 11:43 am
Location: Biscayne Bay, South Florida

Re: National Muni Fund

Postby Call_Me_Op » Tue Dec 11, 2012 3:47 pm

midareff wrote:Op... wouldn't tht imply that the present monthly annualized yield of 3.0 - 3.1% would have to be changed by virtual doubling of the share price??


Where are you getting that yield information? Vanguard specifies the yield on VWITX at about 1.5%.
Best regards, -Op | | "In the middle of difficulty lies opportunity." Einstein
Call_Me_Op
 
Posts: 4621
Joined: Mon Sep 07, 2009 3:57 pm
Location: Milky Way

Re: National Muni Fund

Postby Jerilynn » Wed Dec 12, 2012 5:33 pm

TT wrote:
Which would you consider to purchase.
Thanks


The Vanguard one, the costs are lower and that usually results in better performance.
Cordially, Jeri . . . 100% all natural asset allocation. (no supernatural methods used)
User avatar
Jerilynn
 
Posts: 1940
Joined: Tue Sep 06, 2011 1:49 pm
Location: USA, Earth


Return to Investing - Help with Personal Investments

Who is online

Users browsing this forum: Alan S., asset_chaos, Google [Bot], kazper, Lafder, LaMD, sing, Tanelorn, Willmunny and 82 guests