The Commonwealth prioritized immediate needs, and its debt crisis remained challenging.
The long-term trend in the overall municipal bond market has been positive.
In general, tax-free bonds performed admirably and helped make U.S. communities stronger.
Analytical work by our experienced credit team has been a key to long-term value creation.
We believe the global economic recovery still has room to run.
Tax Cuts and Jobs Act represents positives for municipal bondholders.
Blending taxable and municipal bonds may improve after-tax returns and diversification.
Many senior loan issuers happen to be well-known industry leaders.
How to help clients achieve their impact – and long-term investing – goals with bonds.