For investors looking for income immune from the Fed’s artificially low interest rates, there’s PIMCO Municipal Income II (PML). PML is an actively managed, highly leveraged municipal fund that’s posted a 9.66 percent gain in the first six weeks of 2014. But that’s par for the course as PML’s returns have topped all of its peers since the 2008 market meltdown, returning an annualized 8.7 percent. If you’re tired of chasing yield from stocks, PML’s worth a look.
More than 150 attendees gathered at the Atlantis Resort in the Bahamas for the Global Financial Summit. Our theme this year was “Market Solutions to World Problems,” as opposed to government solutions.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: