AndrewJohnson/E+ via Getty Images The municipal bond market needs more attention from investors in a world where everyone is seemingly YOLOing into equities. If you agree, the Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) may be worth considering, as it’s a part of the muni market most wouldn’t necessarily consider. BAB is an exchange-traded fund, or…
stephanie phillips/E+ via Getty Images Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (CEF) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical…
hqrloveq/iStock via Getty Images Main Thesis/Background The purpose of this article is to discuss the current macro-environment of the market right now, with a specific focus on the implications for tax-exempt municipal ((muni)) bonds. This is top of mind for me for a few reasons. One, the bond market as a whole (including munis) had…
Andrii Dodonov By Peter Hayes and Sean Carney Our 2024 Outlook For Municipal Bonds BlackRock’s municipal (muni) bond experts share their market outlook and the actions you can take to raise your portfolio’s potential in 2024. 2023 – One Month Does Not A Year Make After initial optimism at the start of 2023 spurred strong…
zimmytws Introduction RiverNorth has five municipal bond CEFs, operating under three distinct strategies. This article will review the newest one, the RiverNorth Managed Duration Municipal Income Fund II (NYSE:RMMZ). What is different here from most Municipal bond CEFs is each RiverNorth CEF combines two investment strategies. After reviewing this CEF, I compare its results against…
Andrii Yalanskyi/iStock via Getty Images The Fed’s Easing Cycles Are Much Faster Than Its Hiking Cycles Historical analysis does not guarantee future results. *Municipal returns are for the Bloomberg Municipal Bond Index. T-bill returns are for the ICE BofA US 3M Treasury Bill TR USD. Assumes a tax rate of 40.8%. Data represent average returns…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
TERADAT SANTIVIVUT Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) came to the market on October 26th, 2022. The fund is a bit unusual in that it went for the target term structure rather than the more common term structure in the last several years for closed-end funds….