))
Abrdn's Mondillo: Record discounts plus solid yields should pay off for muni investors
Manage episode 414766904 series 3561101
Content provided by Active Investment Company Alliance. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Active Investment Company Alliance or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Jonathan Mondillo, head of North American fixed income for abrdn says that record discount levels for municipal bond closed-end funds, coupled with attractive yields on those funds, are creating real opportunities for investors, though he warns about the middle of the yield curve, noting that the most compelling values are at the two ends of the barbell -- the short-term and long-duration paper -- which he expects to continue even as the rate cycle plays out and the Federal Reserve finally moves to cut rates.
267 episodes
Share
