Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
BlackRock Build America Bond Trust (BBN)
Old 06-15-2014, 10:02 AM   #1
Confused about dryer sheets
 
Join Date: Jun 2014
Posts: 7
BlackRock Build America Bond Trust (BBN)

Anyone have any knowledge on BBN?

From my take, the federal government subsidizes 35% of the interest paid. The fund typically holds A-rated and AA-rated long-term bonds issued by state and municipal authorities to fund various infrastructure projects.

The gov sub is good but it also seems like it's a yearly contractual which bears the risk of not being renewed.

I'm not sure how to assess risk either. I just need a dang 1 to 10 scale to tell me what level of risk/return i'm looking at, but the reviews I read are murky. Me not understanding is a good red light, but this is what hubby is suggestion to buy.
__________________

__________________
Mama Bear is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-15-2014, 11:17 AM   #2
Full time employment: Posting here.
gcgang's Avatar
 
Join Date: Sep 2012
Posts: 924
BBN BlackRock Build America Bond Common CEF BBN Quote Price News

According to Morningstar, it is the most(32%) leveraged, and therefore risky, way to play this market. Discount of 8% is a bit above what this CEF has had last three years.
__________________

__________________
In theory, there's no difference between theory and practice. In practice, there is. YB
gcgang is offline   Reply With Quote
Old 06-15-2014, 04:34 PM   #3
Full time employment: Posting here.
gcgang's Avatar
 
Join Date: Sep 2012
Posts: 924
This weeks Barron's, Midyear Roundtable, Bill Gross mentions BBN as something HE personally is investing in.
__________________
In theory, there's no difference between theory and practice. In practice, there is. YB
gcgang is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
To build or not to build... someguy FIRE and Money 59 04-08-2013 12:45 PM
Blackrock Lifepath 2025 Institutional Index SumDay FIRE and Money 4 03-04-2013 10:19 PM
Blackrock CII Any Input? Raygun99 Stock Picking and Market Strategy 0 07-07-2011 11:09 AM
Blackrock TR funds? tsturbo FIRE and Money 0 01-03-2010 09:41 PM
Blackrock CEF discount wabmester FIRE and Money 9 11-03-2005 12:26 PM

 

 
All times are GMT -6. The time now is 04:55 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.