| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 13.1 | another option | WLDWST::KING | Improvement begins with I | Fri Jan 24 1992 07:38 | 5 |
| You might also look at insured unit investment trusts (UITs).
Tax free returns, safety higher than those you mentioned, predictable
income.
-P$K
|
| 13.2 | What are UITs? | CTHQ1::ROSENBERG | D. Rosenberg TAY2-1/H15 227-3961 | Fri Jan 24 1992 07:38 | 8 |
| Re: .1
What are UITs, what are the names of some and where do I find info
about them?
Thanks,
Dick
|
| 13.3 | UIT defined | WLDWST::KING | Improvement begins with I | Fri Jan 24 1992 07:38 | 26 |
|
> What are UITs, what are the names of some and where do I find info
> about them?
Unit investment trusts are a specified pool of municipal bonds. A
specific amount of money is raised to buy say 10 to 15 different issues.
All of the bonds to be purchased are specified in the offering circular
so that you know exactly which bonds you are purchasing. The bonds are
generally held to maturity with no active trading of the portfolio.
The portfolio manager only checks from time to time to be sure the
bonds are performing. This accomplishes two things: 1) the yield to
maturity is very predictable and 2) the management fees are minimal.
As an added degree of safety, the bonds can be insured to guarantee
dividends and principal giving all the bonds a AAA rating. The
insurance decreases the yield 0.2-0.3%.
Although most often held for long periods of time, UITs can be sold
back to the issuing company.
John Nuveen and Sons is the largest and oldest UIT producer. Sorry,
don't know any others off hand (possibly Van Kampen Merritt?).
-paul
|
| 13.4 | MMK + Short Term Bond FUnd | RT95::HU | | Mon Jan 27 1992 15:05 | 18 |
|
Re: .0
When you inquiry the alternatives , you only mentioned safety issues.
You didn't mention liquidity issues. As most MMK funder, liquidity
is also one big plus factor for them to be in MMK fund.
I'll suggest put 50% in your current MMK fund, and moved 50% into
ARM fund you mentioned, or I'll put it into Vanguard Short term bond
fund.
This way, you will be cover on both end when interest rate go either
direction. When rate is up, MMK fund will cover, when rate is down
your short term bond fund will appreciate to cover the short from MMK
fund. This will also add up some liquidity into your emergency use
, especially in recession time.
Michael...
|
| 13.5 | Scudder Short Term Bond Fund | CARTUN::WINTRINGHAM | | Wed Jan 29 1992 09:39 | 5 |
| Scudder also has a short term bond fund recommended by both Money Magazine and
Forbes. Its current yield is just under 8 per cent with a NAV of 12.18. It has
check writing privileges with $100 minimum.
Bill
|
| 13.6 | Disney 4 for 1? | SALEM::NEAULT | | Wed Feb 19 1992 10:02 | 3 |
| Any oppinions on Disney Stock? I understand they split 4 for 1
yesterday.
|
| 13.7 | | STAR::PARKE | True Engineers Combat Obfuscation | Tue Mar 03 1992 22:59 | 16 |
| They want to split 4 for 1, they get to vote in, I believe, April to
see if the shareholders approve it.
Eurodisney (not ADR traded yet) opens April 10 outside Paris. Disney
stock, historically (so far) has had a nice run up with each new park
(Florida, Japan). The French arec complaining because Disney does id
Disney's way, but so did the Japanese before their Disneyland opened.
Eurodisney has treated me nicely over the last two years (I own the
foreign shares) and I expect it to Fly also. I intend to wallow in
a little Disney and perhaps make the kids the beneficiarys of part of
the Split also. It has, though, had a quick run up and I haven't
studied the situation as to where I feel I want to by it as I was away
for the last week.
|