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Economic Outlook

Capturing Housing Appreciation through Muni Bonds

Capturing Housing Appreciation through Muni Bonds

The U.S. housing market offers attractive opportunities for muni bond investors but a rigorous top-down investment process and a robust credit selection team are the keys to finding the right bonds at the right price. For additional municipal bond market insights, resources and strategies, please visit: pimco.com/munis

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David Hammer

Head of Municipal Bond Portfolio Management


Mr. Hammer is an executive vice president in the New York office and head of municipal bond portfolio management. He rejoined PIMCO in 2015 from Morgan Stanley, where he was managing director and head of municipal trading, risk management and research. Previously at PIMCO, he was a senior vice president and municipal bond portfolio manager, and prior to joining PIMCO in 2012, he was an executive director and head of the high yield and distressed municipal bond trading group at Morgan Stanley. He has 14 years of investment experience and holds an undergraduate degree from Syracuse University.

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