Tax-free municipal bonds are they right for me?
MEGUIRES FULL PAGE
Wells Fargo Advisors has everything the fixed-income investor needs. Your Financial Advisor can help you choose from our line up of fixed income securities.
Tax-Exempt California Municipal Bonds 3.75% Yield to Maturity
East Side California Union High School District General Obligation Bonds. 3.75% Coupon. Maturing 8/1/2028. Priced at 100. Callable starting 8/1/2022 at 100. Rated Aa2 by Moody’s and A by S&P. Tax-Exempt Michigan Municipal Bonds 3.75% Yield to Maturity
Grand Rapids Michigan Community College General Obligation Bonds. 3.75% Coupon. Maturing 5/1/2031. Priced at 100. Callable starting 5/1/2022 at 100. Rated AA by S&P.
Tax-Exempt Virginia Municipal Bonds 3.00% Yield to Maturity 4.90% Taxable Equivalent Yield Spotsylvania County Virginia Economic Development Authority Public Facility Revenue Bonds. 3.00% Coupon. Maturing 6/1/2026. Priced at 100. Callable starting 6/1/2021 at 100. Sinking Fund starting 6/1/2024 at 100. Rated Aa3 by Moody’s and AA by S&P.
Yields and ratings are given as of 07/06/2012. Availability, quantities, ratings and prices for offerings are subject to change. Moody’s: Obligations rated Aa are judged to be of high quality and are subject to very low credit risk. The modifier 2 indicates a mid-range ranking. The modifier 3 indicates a ranking in the lower end of that generic rating category. S&P: AA, Very strong capacity to meet financial commitments. A, Strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in circumstances. Additional information is available upon request. T.E.Y. is based on 35% federal income-tax bracket and being a resident of the issuing state. Please consult your tax advisor. Income is generally free from federal taxes and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains, if any, will be subject to taxes. Income for some investors may be subject to the federal Alternative Minimum Tax (AMT). Wells Fargo Advisors is not a tax or legal advisor.
Joshua Mazer, CFP® Branch Manager 1997 Annapolis Exchange Parkway, Suite 300 Annapolis, MD 21401-3273 (410) 972-4570 direct (877) 290-9073 toll free
josh.mazer@
wfafinet.com www.jmazer.wfadv.com
Investment and Insurance Products: u NOT FDIC Insured u NO Bank Guarantee u MAY Lose Value
Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, Member SIPC, a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company. WFAFN uses the tradename Wells Fargo Advisors. ©2012 Wells Fargo Advisors Financial Network, LLC. 0612-02586 [MM1235-v1] 6/12
HAGERTY.COM 21 Bonds from other states are available.
Please call Josh at (410) 972-4570 today. Ask for your complimentary brochures: “Fixed Income Capabilities” and “Guide to Municipal Securities”
6.43% Taxable Equivalent Yield 6.03%Taxable Equivalent Yield
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68