Current Performance


Stamper Capital & Investments, Inc.
Separately Managed Accounts (National Tax-Free) vs. Tax-Free Municipal Bond Indices
Annual Total Returns, Period Ended 10-31-2022

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 Year-4.14%
3 Years-0.57%1.64%2.53%-0.60%
5 Years0.37%1.96%3.01%0.48%
10 Years0.60%1.82%2.61%0.85%
15 Years1.40%2.26%3.48%1.87%
Since Inception (1/1/1995)N/A3.66%5.63%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