- In the long-term cycle of municipal bond fund flows, extended periods of withdrawals can often help improve valuations across the marketplace, creating more appealing entry points to invest.
- Muni outflow cycles have created an expanded set of opportunities for active fund managers in recent years, in part due to changes in market structure.
- The pronounced market movements of early 2022 are creating more attractive entry points for investors in terms of potentially higher after-tax income.
For further details see:
Outflows Can Create Potential Opportunities In Municipal Marketplace