May 06, 2019 Are Your Munis Stuck in a Pre-2008 World? by Daryl Clements The financial industry and the muni market has lulled a generation of muni investors into using only one approach: buy and hold to maturity. That was fine in the past, but everything’s changed post-2008 and it’s time for a better muni strategy. Active & Passive , Fixed Income, Municipals Likes 1 SHARE Bookmarks
January 29, 2019 Municipal Bonds: Three Strategies for 2019 by Daryl Clements Municipal bond investors like their muni portfolios to play the role of Old Faithful in their overall asset allocation, providing safety and income. But that doesn’t mean that the investment environment is reliably the same. How can muni investors stay on track in 2019? They can adhere to these three strategies. Active & Passive , Fixed Income, Municipals Likes 0 SHARE Bookmarks
November 30, 2018 Bridging the Healthcare Gap with Muni Bonds by Eric Glass, Erin Bigley Boston Medical Center is redefining the role healthcare providers play in improving the health and welfare of the city’s residents. Now impact investors can have a hand in fostering better outcomes, too. Fixed Income, Municipals, Responsible Investing/ESG Likes 0 SHARE Bookmarks
July 10, 2018 Supreme Court Decision Could Relieve Stress for Some States Thanks to the Supreme Court’s decision in South Dakota v. Wayfair, Inc., states can now choose to levy sales taxes on online transactions with no physical retail presence within the state. Our chart shows the potential impact on state budgets. Fixed Income, Municipals, Policy & Regulation Likes 1 SHARE Bookmarks
May 09, 2018 Will Real Change Result from New Regs? That’s Up to Investors On May 14, new MSRB regulations will require the disclosure of the often dramatic markups that retail investors are subject to when buying individual municipal bonds. Will this accelerate the shift into active municipal bond management? Active & Passive , Fixed Income, Municipals, Policy & Regulation Likes 1 SHARE Bookmarks
April 11, 2018 Inflation? For Muni Investors, the Right Strategy Is Key by Daryl Clements Should municipal bond investors be thinking about inflation protection? Without a doubt. But some inflation strategies are better than others. Choosing the right one could make all the difference. Fixed Income, Inflation, Municipals Likes 0 SHARE Bookmarks
March 26, 2018 What to Do About Rising Rates? Just Give It Time. Worried about rising rates? Don’t take your money out of the municipal market and put it in cash. That could cost you. Fixed Income, Municipals Likes 1 SHARE Bookmarks
February 21, 2018 Inflationado? Muni Investors Should Seek Cover by Daryl Clements US inflationary pressures are developing that could be destructive. Investors need to seek protection quickly. But how? For municipal investors, some inflation strategies fall short, leaving portfolios at risk. Fixed Income, Inflation, Municipals Likes 0 SHARE Bookmarks
January 16, 2018 Five Ways to Keep Your Muni Portfolio on Track in 2018 by Daryl Clements They are the primary objectives of municipal bond investing: Safety. Income. After-tax return. But the market doesn’t always provide the ideal environment, and the coming year looks to be no exception. How can muni investors avoid getting knocked off course in 2018? They can adhere to these five strategies. Active & Passive , Fixed Income, Municipals Likes 0 SHARE Bookmarks
January 10, 2018 Are Munis No Longer Safe? by Daryl Clements The Wall Street Journal published an article on January 7 challenging the safety of municipal bonds as “not [being] the reliable bet they once were.” While its headline may startle some investors, we’ve been endorsing this view for years. Municipal bonds simply aren’t a set-it-and-forget-it choice. Active & Passive , Fixed Income, Municipals, Volatility Likes 0 SHARE Bookmarks
December 18, 2017 Tax Reform: The Results Are In Following a reconciliation of the variant bills behind closed doors, final tax reform legislation has been delivered to the floors of Congress. We’ve kept score for muni investors. Here’s your cheat sheet of the likely impact on the muni market, from tax cuts to the reduction of state and local tax deductions. Fixed Income, Municipals Likes 0 SHARE Bookmarks
November 20, 2017 What’s on Congress’s Table? The Dish on the Tax Bills Congressional Republican leaders are hungry for tax reform. The House bill passed. The Senate bill is under debate. But the two versions must be reconciled before final legislation lands on the president’s desk. It’s a lot to digest. Thankfully, we’ve compared the bills and assessed their likely effects on the municipal market. Fixed Income, Municipals Likes 0 SHARE Bookmarks
November 14, 2017 Muni Investors: It’s Time to Quit Smoking Tobacco (Bonds) by Daryl Clements Cigarettes come with warning labels. Tobacco bonds should, too. These securities are highly volatile, and at current prices they have nowhere to go but down. There are healthier alternatives in the high-yield municipal bond market. Fixed Income, Municipals Likes 0 SHARE Bookmarks