Tax-Sensitive Fixed Income Investment Strategy​

Advantages of Our Tax-Sensitive Fixed Income Strategy

  • Besides often trading at a discount, we believe municipal closed-end funds can offer greater liquidity compared to individual municipal bonds.
  • Strategic use of leverage may increase long-term returns and current yields.
  • Municipal closed-end bond funds can be used as a diversifier. Owning a pool of these bonds can lessen the event risk compared to a single issuer.
  • When premium bonds are amortized in a fund, an investor can realize a loss when the fund is sold. In contrast, individual muni bonds purchased at a premium must be amortized over the life of the bond and are not a deductible loss.

View Karpus Composite compared to Morningstar Average Balanced Fund

Periods ending 6/30/21

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