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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
|
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
|
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)
|
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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MLPs And Other Tax Preference Investments On The Chopping Block |
Seeking Alpha - Sept. 19, 2011 - By Richard Shaw
Energy master limited partnerships are in the cross-hairs of tax increase intentions of the current U.S. administration (a.k.a. "the Buffett tax"), as are several other tax preference investment categories. Those others include, dividend stocks, municipal bonds and probably equity REITs.
As a result, we expect extra levels of volatility in those groups as the tax and spending debate continues through the remainder of this year.
Even though not all investors may be personally taxed at higher rates, if larger investors who may account for a significant share of total investment in those groups are taxed at higher rates, the impact on prices would logically be negative.
Capital gains on all assets are also in the cross-hairs.
Anytime the potential return of an investment goes down, whether arising from the investment itself or externally due to taxes, investors will bid the price down.
Because the spectrum of assets under the tax change focus is so broad, we would expect a further backing away from stocks until the matter becomes more clear.
AMJ is an ETN tracking the 50 largest MLPs (mostly energy pipelines), and Enterprise Products Partners (EPD) is the largest MLP. Their charts follow.
We have previously published a series of articles detailing attributes of MLPs.
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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