Municipal Income Strategy
How We Do It
This strategy moves from high yield to high quality municipal bond mutual funds and ETFs to produce greater income than buy and hold, with lower risk as measured by fluctuation in principal values. HCM’s Adaptive Market Strategies® direct investments into parts of the municipal markets showing the greatest strength. If the price weakens, they are replaced with new investments that are going up or hedged until the market stabilizes. Repeat as needed.
Suitability
If tax exempt income combined with capital preservation is a priority, this strategy may be for you.
Performance objective
The Municipal Income Strategy seeks a high level of tax favored income consistent with capital preservation
Minimum Fee
$400 per month.
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Model Performance
Composite performance information is not kept since performance varies from account to account depending upon size of the account and other holdings in the account.
Current Holdings
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As of 06/30/2010
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Name
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Amount
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High Yield Munis
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90.0%
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Money Market
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10.0%
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Inverse Hedge
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None
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Please read these important details
*Performance Information*
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* Additional Information
Municipal Income Strategy Description
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