Municipal or Taxable Bonds for High Net Worth Investors?

May 08, 2019 | Ben Mohr, CFA, Director of Fixed Income, Aimee O’Connor, CFP®, Senior Vice President

Municipal bonds remain attractive and still make sense for high net worth investors on a go-forward basis even in the wake of the Tax Cuts and Jobs Act that went into effect in 2018 and the spread-widening that we experienced in the credit markets during the fourth quarter of 2018. This research brief compares the current state of municipal bonds versus taxable bonds, including:

  • The Municipal/Treasury Ratio
  • A Comparison of Long-Term Historical Returns
  • Tax-Equivalent Yields

Read > Municipal or Taxable Bonds for High Net Worth Investors?

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

Ben Mohr, CFA
Director of Fixed Income

Get to Know Ben

Aimee O’Connor, CFP®
Senior Vice President

Get to Know Aimee

Related Content

09.17.2019

Attack on Saudi Oil and Market Implications

Over the weekend, half of Saudi Arabia’s oil production stopped due to a drone attack on the country’s major Saudi…

09.13.2019

The Infamous September

When it comes to timing the stock market, one oft-heard saying is “Sell in May and go away,” which “warns”…

09.09.2019

Catastrophe Bonds

Institutional investors are constantly searching for additional asset classes that may help diversify a portfolio and enhance returns. Catastrophe (“cat”)…

08.30.2019

Investing 101 Video Series

Our Investing 101 video series covers the fundamentals of investing. This series aims to create a knowledge base for trustees,…

Low Volatility Takes a Bite out of FAANG line vhart

08.29.2019

Low Volatility Takes a Bite out of FAANG

FAANG stocks have underperformed the broad market over the past year, a stark change from their previous multi-year run of…

The Good Old Days chart of the week

08.23.2019

The Good Old Days

It may be tempting for some investors to “time” the market in order to enhance returns in times of market…

More articles

Subscribe to Research Email Alerts

Research Email Alert Subscription

Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.

We respect your privacy. We will never share or sell your information.

Thank You

We appreciate your interest in Marquette Associates.

If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.

Contact Us >