Municipal Bond
Data Centers in Muniland: Watts at Stake
Data centers bring load growth—and new credit tradeoffs. See what it means for public power, water utilities, local governments, and state incentives.
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We combine disciplined research, active portfolio management, and exceptional client service to help investors pursue income, manage risk, and navigate changing markets. From municipal bonds to taxable strategies, our team applies a consistent, research-driven approach focused on risk-aware results across market cycles.

“We expect demand for municipal bonds to stay firm, as tax-equivalent yields continue to offer compelling value — particularly at the longer end of the curve, where yields finished 2025 at their highest year-end levels since 2010. ”
— Director of Fixed Income, John Fox
Data as of December 31, 2025
“The current fixed income environment offers investors a stronger starting point: today’s higher coupons provide a meaningful and steady source of return, acting as a buffer against market volatility.”
— Portfolio Manager, Brett Kozlowski
Our active strategies have the flexibility to capitalize on opportunities across the yield curve and shift positioning to take advantage of inefficiencies in the municipal bond market. This flexibility is essential to protect and grow both principal and income.
Learn more about our municipal bond capabilities
GW&K has been managing taxable bond portfolios for clients for more than three decades. We aim to take advantage of the relative valuation among distinct bond sectors and the increased opportunities to generate income and capital appreciation in changing market environments. Our selective and opportunistic long-term investing style seeks to capture attractive risk-adjusted returns over time.
Learn more about our taxable bond capabilities.| Separate Accounts | Mutual Fund | ||
|---|---|---|---|
Short-Term Municipal Bond |
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2-8 Year Active Municipal Bond |
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2-8 Year Active Municipal Bond ESG |
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Municipal Bond |
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Municipal Bond ESG |
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Municipal Bond Plus |
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Municipal Enhanced Yield |
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Municipal Income |
| Separate Accounts | Mutual Fund | ||
|---|---|---|---|
Short-Term Taxable Bond |
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Intermediate Taxable Bond |
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Core Bond |
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Core Bond ESG |
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Enhanced Core Bond |
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Enhanced Core Bond ESG |
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Total Return Bond |
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Corporate Bond Opportunities |
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Short-Term Focused High Income |
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Municipal Bond
Data centers bring load growth—and new credit tradeoffs. See what it means for public power, water utilities, local governments, and state incentives.
Read Article
Municipal Bond
Municipals posted their best April in over a decade despite Treasury weakness, heavy new issuance, and tax-related selling.
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Taxable Bond
April’s taxable bond market saw Treasury yields rise and spreads tighten; the Agg returned +0.11%. Our outlook stays neutral on duration.
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Taxable Bond
Client Portfolio Manager Michael Wands explores how higher yields may restore fixed income’s role in diversification, income, and volatility dampening within portfolios.
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Municipal Bond
GW&K’s 1Q2026 Municipal Bond Commentary: what drove muni returns, where value re-emerged, and how we’re positioning amid rate and geopolitical risks.
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Taxable Bond
Geopolitics lifted oil and volatility, pressuring bonds and credit. Securitized held up; we see risk rotation — stay actively positioned.
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