Lower taxes, major market events, have not historically impacted the appeal of muni bond funds.
This fund is designed to produce income without increasing an investor's AMT exposure.
The allure of high yield muni bonds stems from the tax-free income they can help deliver.
Combining investment-grade bonds and senior loans may improve investor outcomes.
Our Global Debt Team offers its quarterly update on worldwide macroeconomic conditions.
Tax-free bonds and bond funds delivered handsome returns as Treasury yields declined.
Euphoria following President Ramphosa’s 2018 election has faded as economic reality sets in.
We expect bumps in the road for this extended business cycle. Investment-grade bonds may help.
Derivatives, not bonds, may sometimes be the better choice in the hunt for extra yield.