The muni market is a mosaic comprising tens of thousands of issuers with deep and varied revenue sources, diverse economies and, in our view, plenty of potential opportunities for investors.
The muni market is a mosaic comprising tens of thousands of issuers with deep and varied revenue sources, diverse economies and, in our view, plenty of potential opportunities for investors.
Municipal bond yields are low, but we think select opportunities exist for those willing to extend duration and consider exposure to credit and taxable munis.
Municipal bonds, in our view, are like the vegetables in a varied diet: they may not be exciting, but they can be good for a portfolio’s health.