MuniFocus Alerts Investors with Key Documents When Local Government and Obligors Meet
Municipal bond investors trust over $3.7 trillion of their dollars in the hands of local county, city, school and other special districts. Yet, many of those municipalities and other borrowers don’t bother keeping those investors up to date about their financial condition.
San Diego, CA, April 02, 2015 --(PR.com)-- Now, when a municipal body like a City Budget or Finance committee meets, MuniFocus sends their subscribers links to primary-source records like agendas, minutes, budgets, audits and key support documents. With MuniFocus, investors can proactively keep their finger on the pulse of local government and make better decisions.
Says Hall “Over seventy-percent (70%) of muni-bonds are owned or controlled by individual investors – and these investors have few tools to give them valuable insight they will learn from primary-source documents. When municipal obligors become stressed it is difficult for most investors to learn in a timely manner, potentially putting their portfolio at a greater risk. With MuniFocus, even if the obligor is late in reporting material-disclosures with the SEC’s EMMA, investors can gain insight on current obligor’s conditions and make more timely and appropriate investment decisions.”
The Introductory Price for the MuniFocus service for an obligor is $29.99 for an entire 52-week period and includes available current year budget, CAFR and first audits as well as weekly updates of Budget or Finance committee meeting agendas, minutes and support documents. All documents are stored by MuniFocus in the cloud, and permalinks are provided to subscribers to download and use enterprise-wide.
MuniFocus.com is a service of startup CivicArchive, founded by Jerry Hall, CEO. Hall’s interest is in open-government and helping all civic stakeholders become more informed and engaged on a level basis with their local government. Hall’s foray into the Municipal Bond market is to illustrate the power of their document collection and storage services in one of many civic sectors.
EMMA is an investor’s information service by the Municipal Securities Rulemaking Board http://emma.msrb.org/.
Says Hall “Over seventy-percent (70%) of muni-bonds are owned or controlled by individual investors – and these investors have few tools to give them valuable insight they will learn from primary-source documents. When municipal obligors become stressed it is difficult for most investors to learn in a timely manner, potentially putting their portfolio at a greater risk. With MuniFocus, even if the obligor is late in reporting material-disclosures with the SEC’s EMMA, investors can gain insight on current obligor’s conditions and make more timely and appropriate investment decisions.”
The Introductory Price for the MuniFocus service for an obligor is $29.99 for an entire 52-week period and includes available current year budget, CAFR and first audits as well as weekly updates of Budget or Finance committee meeting agendas, minutes and support documents. All documents are stored by MuniFocus in the cloud, and permalinks are provided to subscribers to download and use enterprise-wide.
MuniFocus.com is a service of startup CivicArchive, founded by Jerry Hall, CEO. Hall’s interest is in open-government and helping all civic stakeholders become more informed and engaged on a level basis with their local government. Hall’s foray into the Municipal Bond market is to illustrate the power of their document collection and storage services in one of many civic sectors.
EMMA is an investor’s information service by the Municipal Securities Rulemaking Board http://emma.msrb.org/.
Contact
MuniFocus
Jerry Hall
858-344-1104
MuniFocus.com
Jerry Hall
858-344-1104
MuniFocus.com
Contact
Categories