Why Top Mutual Fund Managers Love Municipal Bonds – ValueWalk Premium
Municipal Bonds

Why Top Mutual Fund Managers Love Municipal Bonds

Why Top Mutual Fund Managers Love Municipal Bonds by Robert Kane, CEO of BondView
The municipal bond market is a morass of nearly two million bond issues worth about $3.7 trillion in total. Investors have about 80,000 different issues to chose from. Data for municipal bond funds show the so-called smart money investors have big bets on junk-rated bonds despite the worries over Puerto Rico and pension deficits across the U.S. Perhaps fears over pension costs are overblown.

Municipal bond funds have an army of . . .

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