EOT - EOT: A High Yield Muni Bond Fund For Risk Taking Investors
The case for municipal bonds
Municipal bonds outperformed many other fixed income categories in 2018, and the positive momentum is expected to continue in 2019 as well. In a report, Charles Schwab Corporation concluded that the outlook for municipal bonds remains positive for 2019 as well, but the asset manager suggests a cautious approach considering the interest rate environment and geopolitical risks.
(Source - Charles Schwab)
Higher-rated bond issues are preferred by Charles Schwab, not only considering the lower credit risk, but also the lower yield spread between high rated issues and low rated