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By Steven Permut & David Moore - March 2020
Notes from the Municipal Bond Desk
Muni market dynamics underscore the importance of skilled in-depth credit research to uncover opportunities and manage risks.
Alternatives Portfolio Manager Hitesh Patel explores how his team is finding yield outside of traditional investment markets.
As the credit cycle ages and corporate bond investors grow increasingly defensive, we believe select strategies may continue to deliver value.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.
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