BAF - Tax-Exempt Fixed Income: Key Insights For 2018
By James Dearborn, Head of Municipal Bond Investments and Senior Portfolio Manager
Even at lower tax rates, we believe municipal bonds will continue to play a valuable role in a diversified portfolio.
Most investors know that they'll be affected by tax reform. And recently, I've been getting some form of the same question: What does tax reform mean for municipal bonds?
We know that investors rely on municipal bonds for tax-exempt income and low volatility. And we expect municipal bonds to continue to deliver on both fronts, even considering policy changes. Even at lower tax