Bond Selection

Our expertise as municipal bond specialists – paired with diligent credit research – enable us to find and seize opportunities in market inefficiencies with the goal to produce above average returns.

The tables below are a sample of our current bond offerings. Contact us to learn more about any bond or others like it.

Tax-exempt Offerings

Moody S&P Insurer Cust Ofr($,000s) Description Call 1 CUSIP Mat Dt Cpn(%) Price Yield(%) YTM(%) Taxable
AGM 35 HOHENWALD TN REF WTR & SWR REV BQ 434614EE9 11/1/2022 2.000 101.608 0.400 n
AGM 100 WILBARGER CREEK TX MUD 2 UTGO 967792GR7 9/1/2024 4.000 109.833 0.500 n
95 KENTUCKY ST BOND CORP REV 49120FBL1 2/1/2025 2.000 104.874 0.500 n
BAM 15 CHEROKEE CNTY KS USD #493 UTGO 164273CU6 9/1/2025 4.000 113.505 0.450 n
190 KENTUCKY ST BOND CORP REV 49120FBM9 2/1/2026 2.000 105.689 0.650 n
170 KENTUCKY ST BOND CORP REV 49120FBN7 2/1/2027 2.000 106.085 0.820 n
BAM 100 HEATHERLOCH TX MUNI UTILITY DIST BQ Callable 4/1/2026 @ 100 422460FW0 4/1/2027 2.000 105.209 0.800 1.011 n
BAM 285 CHEROKEE CNTY KS USD #493 UTGO 164273CX0 9/1/2028 4.000 119.789 1.000 n
185 CRAWFORD IL HOSP DIST REF-SER B UTGO 225022DE9 1/1/2029 4.000 114.382 1.850 n
70 CLINTON CNTY IN BLDG CORP REV 187400AN6 7/15/2029 4.000 118.194 1.500 n
155 KENTUCKY ST BOND CORP REV Callable 2/1/2029 @ 100 49120FBR8 2/1/2030 2.000 104.846 1.300 1.379 n
140 TEXAS ST WOMANS UNIV FING SYS Callable 7/1/2026 @ 100 882874GG9 7/1/2030 4.000 114.722 0.800 2.136 n
SCH BD GTY 70 CLARK CNTY WA SCH DIST #122 UTGO Callable 6/1/2027 @ 100 181342HE9 12/1/2030 5.000 123.010 0.800 2.200 n
35 HIGHLAND HEIGHTS OH LTGO BQ Callable 12/1/2026 @ 100 430128ME5 12/1/2030 1.250 97.877 1.500 n
100 CRAWFORD IL HOSP DIST REF-SER B UTGO Callable 1/1/2030 @ 100 225022DG4 1/1/2031 4.000 113.799 2.150 2.321 n
140 KENTUCKY ST BOND CORP REV Callable 2/1/2029 @ 100 49120FBS6 2/1/2031 2.000 103.786 1.450 1.560 n
45 EL PASO TX WTR & SWR REVENUE REF & Callable 3/1/2027 @ 100 283822PN8 3/1/2031 5.000 121.714 0.850 2.397 n
35 ALLOUEZ WI REF-SER A UTGO BQ Callable 4/1/2029 @ 100 019800KE0 4/1/2031 1.200 94.389 1.850 n
50 SAN ANTONIO TX WTR REVENUE Callable 5/15/2027 @ 100 79642B7K3 5/15/2031 5.000 122.527 0.850 2.357 n
ST INTERCE 30 WEST LAFAYETTE IN SCH BLDG CORP 1ST Callable 7/15/2027 @ 100 95370PBB1 7/15/2031 5.000 122.869 0.900 2.357 n
10 MARYLAND ST DEPT OF TRANSPRTN Callable 10/1/2027 @ 100 574204N74 10/1/2031 2.125 104.414 1.350 1.642 n
275 KENTUCKY ST BOND CORP REV Callable 2/1/2029 @ 100 49120FBT4 2/1/2032 2.000 102.390 1.650 1.745 n
165 WAUCONDA IL REF-SER A UTGO BQ Callable 11/1/2030 @ 100 942809HE7 11/1/2032 2.000 102.925 1.650 1.708 n
ST INTERCE 40 SOUTH BEND IN PARK DIST SER K Callable 1/15/2026 @ 100 836547TT6 1/15/2033 3.250 108.225 1.250 2.410 n
165 KENTUCKY ST BOND CORP REV Callable 2/1/2029 @ 100 49120FBV9 2/1/2034 2.000 100.000 2.000 2.000 n
80 KENTUCKY ST BOND CORP REV Callable 2/1/2029 @ 100 49120FBW7 2/1/2035 2.000 98.845 2.100 n
110 OMAHA NE PUBLIC PWR DIST Callable 2/1/2026 @ 100 682004FE1 2/1/2035 4.000 112.538 1.000 2.858 n
AGM 325 HOHENWALD TN REF WTR & SWR REV BQ Callable 11/1/2031 @ 100 434614ET6 11/1/2035 2.000 100.000 2.000 2.000 n
75 CALIFORNIA ST DEPT OF WTR RESOURCES Callable 12/1/2026 @ 100 13067WME9 12/1/2035 4.000 114.918 1.000 2.720 n
100 WILMETTE IL REF UT GO Callable 12/1/2030 @ 100 971481UY0 12/1/2035 2.000 100.000 2.000 2.000 n
110 WILL CNTY IL UNLIMITED TAX GO Callable 11/15/2025 @ 100 968657HL3 11/15/2036 4.000 111.721 1.050 3.026 n
AGM 200 HARRIS CNTY TX MUNI UTIL DIST #200 BQ Callable 4/1/2026 @ 100 414979HB3 4/1/2037 2.250 101.058 2.000 2.169 n
BAM 1040 HARRIS CNTY TX MUD 489 UTGO Callable 9/1/2026 @ 100 41423LGY6 9/1/2037 2.000 96.030 2.300 n
AGM 570 HURLEY WI WTRWKS & SWR SYS REV BQ Callable 9/1/2031 @ 100 447380AV8 9/1/2037 2.125 99.664 2.150 n
305 WILMETTE IL REF UT GO Callable 12/1/2030 @ 100 971481VA1 12/1/2037 2.000 98.638 2.100 n
25 WASHINGTON ST UNLIMITED TAX GO Callable 6/1/2029 @ 100 93974EBS4 6/1/2038 5.000 127.153 1.250 2.925 n
50 NEW YORK CITY NY MUNI WTR FIN AUTH Callable 6/15/2027 @ 100 64972GNM2 6/15/2038 3.625 111.474 1.500 2.761 n
BAM 1195 HARRIS CNTY TX MUD 489 UTGO Callable 9/1/2026 @ 100 41423LGZ3 9/1/2038 2.125 96.880 2.350 n
20 KENTUCKY ST BOND CORP REV Callable 2/1/2029 @ 100 49120FCA4 2/1/2039 2.250 98.584 2.350 n
60 WARREN CNTY KY UTGO Callable 6/1/2027 @ 100 934850KH0 6/1/2039 3.125 107.876 1.650 2.566 n
80 FAIRFAX CNTY VA SWR REVENUE Callable 7/15/2026 @ 100 303867KF1 7/15/2039 3.000 108.022 1.250 2.440 n
190 LOS ALAMITOS CA UNIF SCH DIST Callable 8/1/2026 @ 100 544203EG3 8/1/2039 3.000 106.893 1.500 2.517 n
AGM 600 HURLEY WI WTRWKS & SWR SYS REV BQ Callable 9/1/2031 @ 100 447380AX4 9/1/2039 2.250 99.270 2.300 n
ST AID WIT 170 DANVILLE PA AREA SCH DIST UTGO BQ Callable 11/1/2026 @ 100 236835SF2 11/1/2039 3.000 107.241 1.500 2.499 n
855 WILMETTE IL REF UT GO Callable 12/1/2030 @ 100 971481VC7 12/1/2039 2.125 98.883 2.200 n
495 WILMETTE IL REF UT GO Callable 12/1/2030 @ 100 971481VD5 12/1/2040 2.125 98.065 2.250 n
BAM 300 HARRIS CNTY TX MUD 489 -A UTGO Callable 9/1/2026 @ 100 41423LJD9 9/1/2041 2.250 95.345 2.550 n
AGM 620 HURLEY WI WTRWKS & SWR SYS REV BQ Callable 9/1/2031 @ 100 447380AZ9 9/1/2041 2.375 99.605 2.400 n
BAM 230 HARRIS CNTY TX MUD 489 UTGO Callable 9/1/2026 @ 100 41423LHE9 9/1/2043 2.375 97.407 2.530 n
AGM 150 HURLEY WI WTRWKS & SWR SYS REV BQ Callable 9/1/2031 @ 100 447380BB1 9/1/2043 2.500 100.000 2.500 2.500 n
3615 DENNIS-YARMOUTH MA REGL SD UTGO Callable 10/1/2029 @ 100 248613JC6 10/1/2046 2.250 93.604 2.600 n
BAM 45 HARRIS CNTY TX MUD 489 -A UTGO Callable 9/1/2026 @ 100 41423LJK3 9/1/2047 2.500 99.055 2.550 n
50 PENNSYLVANIA ST ECON DEV FING AUTH Callable 11/15/2027 @ 100 70870JBA5 11/15/2047 4.000 112.901 1.750 3.261 n
AGM 75 HURLEY WI WTRWKS & SWR SYS REV BQ Callable 9/1/2031 @ 100 447380BH8 9/1/2049 2.625 98.536 2.700 n

*Tax-Free Offerings are free from current Federal income taxes only. Income may be subject to state and local taxes and the alternative minimum tax (AMT). AMBAC, MBIA, XLCA, FGIC and CIFG are on credit watch for possible downgrade.

Taxable Offerings

Moody S&P Insurer Cust Ofr($,000s) Description Call 1 CUSIP Mat Dt Cpn(%) Price Yield(%) YTM(%) Taxable
50 GRUNDY CNTY IL TAXABLE-UTGO 400280EG4 12/1/2021 3.900 100.386 0.500 y
25 ELK GROVE VLG IL TAXABLE-REF UTGO 287299MR9 1/1/2025 1.000 99.686 1.100 y
50 BERKELEY CA UNLIMITED TAX GO TAXABLE Callable 9/1/2029 @ 100 084113UJ6 9/1/2030 3.500 110.863 2.000 2.147 y
50 MOUNT SAN ANTONIO CA CCD UTGO TXBLE Callable 8/1/2029 @ 100 623040KY7 8/1/2031 2.749 105.370 2.000 2.137 y
425 REGL TRANS DIST CO SALES TAX REV Callable 5/1/2031 @ 100 759136VH4 11/1/2032 1.967 98.211 2.150 y
PSF-GTD 50 KERENS TX INDEP SCH DIST TXBL-REF Callable 2/15/2031 @ 100 492062HS6 2/15/2033 2.120 100.167 2.100 2.103 y
25 SAN LUIS & DELTA-MENDOTA CA WTR AUTH Callable 3/1/2031 @ 100 798544CA8 3/1/2033 2.430 99.308 2.500 y
SCH BD GTY 125 UMATILLA CNTY OR S/D #16R TAXABLE Callable 6/15/2029 @ 100 904139DC3 6/15/2033 2.903 106.376 2.000 2.277 y
250 UNIV OF NORTH CAROLINA NC  TAXABLE Callable 12/1/2028 @ 100 914713J29 12/1/2033 3.596 113.369 1.600 2.323 y
25 ADAMS CNTY NE SCH DIST #18 UTGO Callable 11/24/2025 @ 100 006078HB8 12/15/2033 2.300 103.164 1.500 2.005 y
1280 REGL TRANSPRTN AUTH IL TXBL REV Callable 6/1/2031 @ 100 7599115C0 6/1/2035 2.700 100.504 2.640 2.656 y
695 REGL TRANSPRTN AUTH IL TXBL REV Callable 6/1/2031 @ 100 7599115D8 6/1/2036 2.800 100.502 2.740 2.758 y
150 DIST OF COLUMBIA WTR & SWR AUTH TXBL Callable 10/1/2029 @ 100 254845RM4 10/1/2048 3.207 103.241 2.750 3.030 y