This “primer” on Municipal Bonds is part of our education series for fixed income investors. In this first edition publication, we cover several concepts key to understanding the basics and some peculiar issues found only with municipal fixed income investing.

Topics included:

  • “The Basics” of municipal bonds
  • Changing market structure and liquidity
  • What’s the credit risk?
  • Why the high coupon?
  • Risks of callable munis

Daniel Urbanowicz
Senior Portfolio Manager
Municipal Fixed Income
973-549-4335

Paul Clark, CFA
Senior Portfolio Manager
Municipal Fixed Income
415-364-2635