Current Performance

 

Stamper Capital & Investments, Inc.
Separately Managed Accounts (National Tax-Free) vs. Tax-Free Municipal Bond Indices
Annual Total Returns, Period Ended 5-31-2024

PERIOD
Morningstar Muni Short Category AverageSCI Separately Managed Tax-Fee Municipal Accounts Composite Net of FeesSCI Separately Managed Accounts Net Pre-Tax Equivalent*Bloomberg Barclay's
3 Year Tax-Free
Muni Bond Index
1 Year3.03%
3.31%5.10%2.44%
3 Years0.36%2.25%3.45%-0.23%
5 Years0.97%2.16%3.32%0.84%
10 Years1.02%2.09%3.22%1.11%
15 Years1.40%2.22%3.41%1.56%
Since Inception (1/1/1995)N/A3.64%5.60%N/A

Note: Indices do not have fees (trading costs, custody fees, management fees, etc.) deducted from their returns. We now have a much more reasonable index to compare to - the Bloomberg Barclay's 3 Year Tax-Free Municipal Index. We still aim for similar or better returns with less risk - The key with this table is that our longer term pre-tax municipal bond returns are noticeably higher than the bond market index but with What We Think is less risk - we will see when rates start to rise and/or credit quality yield spreads widen.
Please see the Disclaimer and Footnotes at the bottom of the page for more information.
* at 35% Federal tax rate

Comments are closed.

Stamper Capital & Investments, Inc.
Fee-Based Municipal Bond Experts for Over 25 Years