We believe investors looking to earn tax-exempt income while actively managing downside risk should consider tactical trend following strategies in high yield municipal bonds. These strategies have historically helped investors…
An eye-catching rise in corporate default rates has investors wondering whether now is a good time to invest in high-yield corporate bonds. We believe investors should be cautious about using…
The municipal bond asset class shocked investors in March of 2020 by delivering their sharpest drawdown in at least 5 years. In only two weeks, municipal bonds broadly dropped around…
When considering an investment for inclusion in a portfolio, it can be helpful to look at a few summary statistics. Annualized Return gives a historical view of the long-run reward…
After screeching to a halt in March and April, the global economy has begun to show signs of forward progress. In day to day life, people are adapting to the…
Diversifier strategies seek to strengthen portfolios by functioning as a separate asset class, distinct from stocks and bonds. They target investment returns that are traditionally less affected by market movements,…
[We open on the interior of an office, where a single investment professional sits at a trading station. The NARRATOR enters stage right.] Narrator: As everyone knows, investment advisors have…
Amid recent sharp daily declines in broad U.S. stock indices, advisors and portfolio managers are once again preparing their clients for possible sharp declines in risky assets. They point to…
Imagine you’re an active bond portfolio manager. Your investors hire you to outperform an index, and you do this by buying the best bonds you can find. You’re probably very…
