Municipal bond investors are facing persistent challenges. From elevated inflation and a hawkish Federal Reserve to disappointing year-to-date total returns, some investors may be wary of maintaining fixed-income allocations. While 2022 unleashed an extraordinary mix of obstacles, we look toward 2023 with cautious optimism. We still believe tax-exempt bonds have an important role in your clients’ portfolios.
Join members of American Century Investments’ municipal bond team as they outline what may be in store for muni investors in 2023. Joe Gotelli, senior portfolio manager, David Moore, director of muni research, and Balaji Venkataraman, client portfolio manager, will discuss opportunities in the muni market during these unprecedented times.
You can expect to learn:
Why historic performance trends and relative value suggest the worst may be behind us.
How stringent credit research can expand the opportunity set in the municipal bond market.
How the economic cycle will drive our positioning in munis in 2023.
Speakers:
Joseph GotelliVice President, Senior Portfolio ManagerAmerican Century Investments
For Financial Professional Use Only/Not for distribution to the public.
This information is not intended as a personalized recommendation or fiduciary advice and should not be relied upon for investment, accounting, legal or tax advice.
