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California Munis


Great Weather – And Tax-Free Income

If California were a country, it would have the eighth-largest economy in the world, and like most large economies, it pays for much of its infrastructure through issuing debt – only recently ending a two-decade reign as the nation’s top borrower.[2] Provided California stays on the road toward budgetary health, the state’s municipal bonds, which are designed to bring a steady stream of interest income exempt from federal, state and local taxes, could help lower risk for the state’s qualified residents. Recently, California's note sale for June 2014 maturity offered a yield of 0.23%, compared to 0.10% for T-bills[5] on a pretax basis. This motif is designed to provide cost-effective exposure to the California municipal bond market through bond-ETFs with staggered maturity schedules, which comprises relevant ETFs of intermediate- and long-term durations. See more
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Create your own customizable basket of up to 30 stocks or ETFs for just $9.95.
Motif Index 1 YR Return
California Munis Benchmark
With this Motif, you can buy the following basket of stocks for just $9.95:
Weight Segment & Stocks Symbol 1 MO / 1 YR Return
33.6% 7 - 10 Year Duration 8.8%
33.4% Greater Than 10 Year Duration 9.1%
32.9% 3 - 7 Year Duration 6.5%
32.9% iShares California Muni Bond ETF CMF 6.5%

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