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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
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0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| More |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
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1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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Bonds may lack flash, but they’re winning the race |
For 10 years, all sectors - even ho-hum munis - have outperformed stocks funds by a wide margin
boston.com - Sept. 6, 2011 - By Beth Healy
It’s enough to make stock investors weep. Hands down, bond funds have done far better than the average stock portfolio, and not just this year, but for 10 years.
That’s right, for a whole decade it would have been better to own bond funds instead of the stock funds in which most Americans stash at least half of their retirement funds. In almost every category - government, corporate, high-yield, emerging markets, even ho-hum municipals - bond funds outperformed the typical stock fund.
The numbers are startling in some cases: Long-term government bond funds are up 19 percent so far this year, and corporate bond funds are up as much as 14 percent. Even Massachusetts municipal bond funds are up an average of 6.8 percent, according to Morningstar Inc., the Chicago fund-tracking firm.
Bonds are on fire even after Standard & Poor’s downgrade last month of US debt from its AAA rating. It was stocks that took a beating after that action, not bonds.
“After the whole debt ceiling debacle ended, again investors focused on Europe and real problems,’’ said Payson F. Swaffield, chief income investment officer at Eaton Vance Corp. in Boston. “The market was basically saying, despite the downgrade, the US is still the place to be.’’
US Treasury bonds, that is. Meanwhile, diversified stock funds on average have lost 5.4 percent of their value in 2011 so far, courtesy of the recent debt drama.
And it doesn’t look much prettier over time, because of the losses sustained in the 2008 financial crisis. You have to go back five years to average 1 percent a year, and as you go back 10 years, gains on the average stock fund are still less than 4 percent annually.
Bond managers don’t expect to see another period like this for a long time.
For the complete article.
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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