In this session, we look back on the recent volatility the municipal market has experienced and discuss actionable items advisors can take as a result of the volatility.

In this session, we explore how President Biden’s proposed tax plan would impact businesses and individuals, and how municipal bonds can help mitigate overall portfolio risk.

In this webinar you will learn:

• Biden's proposal would increase the corporate tax rate from 21% to 28%, and the top individual federal income tax rate from 37% to 39.6%.
• It would also increase the capital gains tax rate from 20% to 39.6% for taxpayers with an income of more than $1 million.
• Despite concerns regarding COVID-19 and the economy, the municipal bond market has experienced positive inflows since April 2020.
• Diversification can potentially increase opportunities for growth and help mitigate overall portfolio risk. Municipal bonds have historically had very low correlation to other asset classes and may be effective portfolio diversifiers.

​​​​​​With interest rates at historically low levels, investors still have a pressing need to find reasonable income. In this upcoming webinar, Invesco’s municipal investment leaders representing mutual funds, ETFs and separately managed accounts, will discuss how advisors and investors can use different investment solutions to balance the need for income with the realities of managing risk in an uncertain climate.

This presentation will cover:

• Balancing the need for income with the importance of managing risk amid the market volatility created by the pandemic.
• The prospects for higher tax rates and the increased appeal of tax-advantaged municipal bonds, as the government looks to pay for massive stimulus packages.
• Aligning investor goals with the portfolios objective to find the right municipal income solution to meet their needs.

• Municipal bonds have been strong performers over the past few months.
• We believe this is due to investor risk aversion and reduced supply as compared to 2017.
• Invesco Fixed Income believes municipals will continue to be supported by limited supply as well as strong US macro and credit fundamentals for the rest of this year.

Effective May 14, 2018, new regulations will be adopted aimed at increasing the transparency of bond pricing. The new rules require dealers of corporate, municipal and agency bonds to clearly disclose bond markups and provide retail investors with relevant price comparisons.

The financial impact of 2017’s three devastating hurricanes has varied greatly depending on the region affected. From a credit standpoint, the most important takeaway is that each region’s ability to withstand the financial impact of the storms depends on its credit quality ahead of the storm.

We examine the potential effects of Trump’s tax and infrastructure proposals on the muni market.