While many asset classes struggle amid high inflation and changing interest rates, we believe that municipal bonds present unique opportunities today.
Quality
Municipal bonds fund local projects like roads and schools. Backed by the issuing municipality, they are generally higher quality than other investment options.
Tax efficiency
Municipal bonds may offer the potential for tax-free income, helping investors maximize yield within a diversified portfolio, without additional tax burdens.
Inflation resistance
Municipal bonds can hedge against inflation, as higher prices and incomes boost revenue from taxes, potentially benefiting investors in a changing rate environment.