The fixed income landscape continues to offer real opportunity this year as well as persistent, events-driven uncertainty. Still, cutting through the headlines, investors can find major opportunities inside the portfolios and in adding new funds. American Century vice president and senior portfolio manager Joe Gotelli recently discussed shifts in the muni bonds market with VettaFi, including one particularly big opportunity.
Key Takeaways:
- The American Century Diversified Municipal Bond ETF (TAXF) provides an actively managed option to get muni bonds exposure.
- Amid strong demand, with some $63 billion in net inflows to muni bonds YTD, opportunities abound.
- Following a complicated July for total return, tax loss harvesting out of passive muni bond strategies to active may boost portfolios longer term.
advisorperspectives.com
by Nick Peters-Golden of VettaFi, 8/13/26