Municipal Transportation Is Back . . . For Some Sectors
January 31, 2023 — The transportation sector makes up about 16% of the municipal bond index, and it was the hardest hit by Covid-19 in terms of operating revenue declines. In our latest Muni Minute, Sage looks at New York City’s Metropolitan Transportation Authority (MTA), the largest mass transit provider in the country, and Dallas Area Rapid Transit (DART), and explains how revenue composition is the primary factor that distinguishes weak and strong muni credits.
Featured Insights
Municipal Fixed Income
Tax-Loss Considerations for Municipal Bond Strategies
January 31, 2023 -- For most investors, taking advantage of the tax code is a prudent investment strategy that may enhance realized after-tax returns. Sage . . .
Municipal Fixed Income
‘Tis the Season . . . for a Muni Rally in January
January 3, 2023 -- The “January Effect” will provide a supportive technical backdrop as investors look to rebalance asset allocations, including their municipal holdings.
Fixed Income
Fixed Income Perspectives — January 2023
January 10, 2023 -- In this presentation, Sage answers the 4 big questions . . .