Closed-end fund investors seeking a good deal might want to dig into the unleveraged municipal bond arena.
The presidential election outcome will be mostly inconsequential for municipal bonds even if there is a short term knee jerk reaction should Trump win.
Don't expect a Clinton "relief rally" because the markets have considered her the favorite all along,
RBC Wealth Management's Craig Bishop likes corporate debt and munis, but avoids high yield.
Bonds have sold off in the past month sending yields higher. John Dillon of Morgan Stanley Wealth Management, said investors need not panic because munis will hold onto their gains.
Municipal bonds have regained their safe haven status as volatility returns to the stock and bond markets. They have also been getting a boost from yield-starved, go-anywhere overseas investors.
Municipal bond prices plateaued this summer after a year of slow and steady ascension, but that does not mean the good times are over
Fixed income investors shouldn't worry about a Federal Reserve rate increase until 2017 according to RBC Wealth Management.
Municipal bonds have shined year-to-date as evidenced by the three percent return in the iShares National Muni Bond ETF.
Given all the post Brexit volatility there is no better time to be in a long/short bond fund, according to one portfolio manager.