Municipal Fixed Income in a Post-COVID-19 World

Authored by RSM US LLP. PBMares is a member of RSM US Alliance. 

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High-quality municipal bonds have long played a key role as a source of stability and tax-exempt income in a well-diversified portfolio. However, investors have questioned whether economic and budgetary stresses resulting from the COVID-19 pandemic will upset the historical safety and soundness of municipal bonds. While the economic slowdown will certainly have an impact and will test some segments of the municipal market, we believe that municipal bonds have a long history of capital preservation in stressful periods and enjoy a number of foundational strengths that support their role as a core part of a strategic asset allocation.

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This article was written by Keith Lamoutte and originally appeared in the 2020-06-29.
2020 RSM US LLP. All rights reserved.
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The content of this post is accurate as of the date below. Always ensure you are reviewing the most recent information available. Contact your tax advisor if you need clarification.

2020-10-09T13:12:01-04:00October 7, 2020|Categories: PBMares COVID-19 Insights, Wealth Management|Tags: |