Shorter muni bonds may help investors find lower volatility and attractive yield.
Our AMT-Free Muni Fund ranks in the first percentile for total return over five years.
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.