Tax-Sensitive Fixed Income Investment Strategy​

Advantages of Our Tax-Sensitive Fixed Income Strategy

• We believe municipal closed-end bond funds can offer greater liquidity to individual municipal bonds and often trade at a discount.
• Municipal closed-end bond funds can be used as a diversifier. Owning a pool of these bonds can lessen the event risk compared to a single issuer.
• When premium bonds are amortized in a fund, an investor can realize a loss when the fund is sold. In contrast, individual muni bonds purchased at a premium must be amortized over the life of the bond and are not a deductible loss.