David Hammer
Record municipal bond issuance created significant headwinds in the first half of 2025, but what’s next for muni bonds as attractive tax-adjusted yields remain?
A historic sell-off enhances value, with high yields, strong fundamentals, and ample reserves mitigating policy risks.
Join David Hammer, Head of Municipal Bond Management, and Account Manager Antonese Robertson as they discuss the recent action-packed week for municipal investors. Despite speculation, they share their bullish outlook on the asset class and its tax-exempt status.
Explore the five key reasons PIMCO stands out in the world of tax efficient Separately Managed Accounts (SMAs), including our commitment to client service, the scale of our operations, and the depth of our investment expertise, all designed to help you better serve your sophisticated clients.
State and local tax revenues sank in April, yet we believe most governments have strong fiscal positions, with ample reserves and budget flexibility to manage the decline.
Explore how municipal bonds may lower your tax bills and offer diversification benefits as compared with other asset classes, plus how the possibility of rising interest rates may affect them.