MuniSignalTM  Patent pending
Current Holding   Market Assumptions
Issue Date   Date
Maturity Date   Bid Price
Coupon (%)   Bid-YTC
1.86
First Call Date   Bid-YTM
1.86
Purchase Date   Bid-Ask Spread
Purchase Price   Interest Rate Volatility
  Offsetting Gain
After-Tax Analysis   Recommendation
Current Basis (1)
109.60
  Net Cashflow Benefit From Sale (a)
-0.53
Sale Price (2)
111.00
  Tax Option (b)
0.00
Gain/Loss (3) = (2) - (1)
1.40
  Option Acquired with Reinvestment (c)
0.08
Tax Savings (4)
-0.28
  Net Option Loss (b - c)
-0.08
After-Tax Proceeds (5) = (2) + (4)
110.72
  MuniSignalTM Score* (a)/(b - c)
-?
After-Tax Return
2.42
  *100% best. Not recommended below 90%
Hold Value (6)
111.25
   
Net Cashflow Benefit (7) = (5) - (6)
-0.53
   
All Values in % par
Issue price assumed at or above par
Income tax rate: 40%
Harvest of Regret
After-Tax Portfolio Value: The Missing Tax Option
The Tax Option in Municipal Bonds
Optimal Tax Management of Municipal Bonds
Bond Analysis in Tax Denial
How to Take a Tax Loss and Then Profit from Obamacare
Kalotay Talk on Tax Management at 2015 Brandeis Muni Conference
See Other Live Demos

v1.18  Copyright © 2014 Andrew Kalotay Associates, Inc.