An attractive alternative for California tax payers who want shorter maturity bond exposure.
From a short-term standpoint this is not the best time to swim the financial waters, says Clough. Over the years of tinkering with it, we have it down, and it hasn't changed much since. The Fund does not intend to purchase bonds subject to federal Alternative Minimum Tax AMT. Choose those investments that satisfy your tolerance for risks and meet your financial objectives. The longer the time frame, the more meaningful the comparisons are. The File you requested is temporarily not available.
But a dip into long-term investments can be advantageous. The rule of thumb is that the greater the risk, the greater the return on your investment. Generally, there is a trade-off between risk and return. However, you can reduce risk yet still increase your potential reward by diversifying your portfolio. Of course, keeping pace with a fast-changing market is not always easy. ObjectiveSeeks maximum total return, consistent with preservation of capital and prudent investment management. This is where the art of portfolio management constrains the logical science.