Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.

For regular SAA and TAA portfolios, the next re-balance will be on Monday, December 3, 2018. You can also find the re-balance calendar for 2017 on ‘Dashboard‘ page once you log in.

As a reminder to expert users: advanced portfolios are still re-balanced based on their original re-balance schedules and they are not the same as those used in Strategic and Tactical Asset Allocation (SAA and TAA) portfolios of a plan.

Please note that we now list the next re-balance date on every portfolio page.

Taxable Total Return Bond Plus Muni Bond Fund Based Portfolios

Several users have asked whether one can further improve our total return bond fund portfolios listed on What We Do -> Brokerage Investors page by incorporating muni bond funds. In our previous newsletters (see, for example, October 1, 2018: Taxable vs. Tax Exempt High Yield Bonds), we discussed the difference between high yield taxable bond funds and high yield municipal bond funds. We showed that muni bonds themselves possess better momentum property than their taxable bond fund counterparts. We further attributed the muni bond fund portfolios’ outperformance to its recent strength across the board and high yield muni bond funds’ excellent momentum property. 

The portfolio

The idea to improve the total return bond fund portfolios is to add muni bond funds to their candidate fund lists. Specifically, to improve Schwab Total Return Bond, we add the candidate funds in Schwab Muni Bond Funds that include the following funds:

FLAAX (Nuveen All-American Municipal Bond A)
NHMAX (Nuveen High Yield Municipal Bond A)
NMBAX (Nuveen Interm Duration Muni Bond A)
FSHAX (Nuveen Short Term Municipal Bond A)
FLTDX (Nuveen Limited-Term Municipal Bond A)

These muni bond funds cover major muni bond subasset classes. 

Please login or register an account to view the newsletter