Municipal Bond
Municipal Bond Snapshot November 2025
Following the strong fall rally, municipals held steady in November, with year-to-date performance in the mid-single digits.
Read Article
We develop a deep understanding of the companies in which we invest through disciplined and intensive fundamental research. Our focus is on finding well-managed, quality companies, which are resilient.
We take advantage of market inefficiencies to find quality growth companies that may be undervalued, underappreciated, or under-researched. Our rigorous, bottom-up process focuses on a company’s upside potential and downside risk.
Our multi-sector approach aims to take advantage of the relative valuation among distinct bond sectors and the increased opportunities to generate income and capital appreciation. We build diversified, yield-advantaged portfolios that generate steady, incremental income and provide downside risk protection.
We combine a rigorous, research intensive, credit selection process with active management. Our goal is to take advantage of market inefficiencies and find opportunities across the yield curve to protect and grow principal and income.
Municipal Bond
Following the strong fall rally, municipals held steady in November, with year-to-date performance in the mid-single digits.
Read Article
Taxable Bond
The US Aggregate Bond Index returned 0.62% in November, spot-on with October's gain. Yields declined across the curve, except for the unchanged long end. Spreads for the overall index rose marginally, and the year-to-date gain advanced to 7.46%.
Read Article
Wealth Insights
GW&K Wealth Strategist Melissa Jacoby shares strategies that can enhance tax efficiency and strengthen your long-term financial well-being.
Read Article
Municipal Bond
Municipals posted gains for the month — the first positive October in six years and the strongest in over two decades.
Read Article
Taxable Bond
Despite the government shutdown, investors continued to bid up assets and both stock and bond markets were unphased. The positive economic backdrop remained in place while the Fed cut rates for the second straight meeting.
Read Article
Macro
US states and households are thriving, but rising federal debt sets new limits for the shock-resistant American economy.
Read Article