Wholesale elimination of tax exemption isn’t likely, but certain types of muni bonds could be targets.
With high yields and compelling opportunities, we think the muni market looks exceptionally attractive today.
Higher coupons and interest payments can make premium municipal bonds worth the extra upfront cost.
Register now to join Matt Norton, AB’s CIO for Municipal Bonds, and Municipal Portfolio Manager Daryl Clements as they discuss how to best position muni portfolios in today’s environment.
With the highest yields in years, the muni bond market looks increasingly attractive.
One of the things that we like to do is to make sure that our investments are very specific—that they have intentionality behind each investment.
A return to the office means a return to the commute. Less time with family. Less time for your health. All to do the same work for the same company at a different desk.
Impact investing, which seeks to make a direct—and measurable—social or environmental impact while generating a financial return, has historically been synonymous with the private debt and equity markets. But that ignores the hugely important public market of municipal finance.
The small engagement we had on Facebook wasn’t worth the effort we were putting in.
Today’s complex, fragmented, fast-moving muni market is rapidly outpacing the capability and capacity of traditional portfolio-construction methods.
Municipal bond issuers’ financial health and resiliency—which helped in 2020—should support opportunities for active muni investors in 2021.
States face revenue shortfalls from COVID-19 costs and shutdowns. We look under the hood to assess how some of the most indebted states are faring.
Municipal bond defaults have been rare, making them a remarkably resilient investment over the years. The reasons range from the very services muni issuers provide to the fundamental characteristics of municipalities.
In the U.S., between one quarter and one third of all assets are managed with an ESG/SRI mandate. Outside the U.S., that percentage is even higher. So I am going to explore what must be an unpopular topic – investing in so-called “sin” stocks. I am talking with the co-managers of the Vitium Global Fund – formerly the Vice Fund. That fund buys what most ESG/SRI investors scorn: stocks in the tobacco, alcoholic beverage, gaming and aerospace/defense industries.