It normally invests at least 80% of assets in securities included in the Bloomberg Municipal Bond Index, a market value-weighted index of investment-grade municipal bonds with maturities of one ...
For tax-conscious investors, municipal bonds are a viable alternative. "These are debt instruments issued by states, cities, counties and other governmental entities to finance public projects ...
The team calibrates the strategy's duration, or interest-rate sensitivity, to that of its Bloomberg Municipal Bond Index, and the team will use Treasury futures to actively manage duration when it ...
The bonds are considered a safe investment. The Los Angeles wildfires sparked concern that climate change is making them ...
The nation’s municipal bond market is waking up to the accelerating risks of climate change, a sign of potential economic instability for a $4 trillion market long seen as a safe investment for ...