Weekly Report: what happened at FMB last week (0408-0412)?

Fixed Income Perspectives - Looking Ahead At Q2 2024: A Pause Before A Pivot

Municipal Issuance Eclipsed Expectations

Mortgage bonds posted marginally negative performance and lagged Treasuries in March. The S&P Municipal Bond Index returned -0.02%. Lower-rated credits and the 15-year part of the yield curve performed best. Continued seasonal headwinds warrant patience and caution in April.

Weekly Report: what happened at FMB last week (0401-0405)?

First Trust Managed Municipal (FMB) Enters Oversold Territory

Weekly Report: what happened at FMB last week (0325-0329)?

Q1 2024 Total Return Municipal - Munis Enjoy A Strong First Quarter

First Trust Managed Municipal ETF declares $0.135 dividend

First Trust Managed Municipal ETF (FMB) declares $0.135/share monthly dividend. Forward yield 3.15% Payable March 28; for shareholders of record March 22; ex-div March 21. First trust managed municipal ETF declares dividend Mar. 27, 2024.

Weekly Report: what happened at FMB last week (0318-0322)?

Ahead Of The Fed: Don't Delay Return To The Muni Market

Investors who entered the market two to three months before the first Fed rate cut saw more than double the 12-month return of those who waited. Historically, putting cash to work in munis before easing began resulted in significantly higher returns. With the Fed likely to start easing soon, we think today is the ideal time to return to munis.

Municipals Deliver Strength Ahead Of Seasonal Shift

BlackRock says municipal bonds posted positive performance and outperformed comparable Treasuries in February. The S&P Municipal Bond Index returned 0.08%. The 20-year part of the yield curve and lower-rated credits performed best. We expect supply-and-demand dynamics to turn less supportive in the coming months.

Weekly Report: what happened at FMB last week (0311-0315)?

Weekly Report: what happened at FMB last week (0304-0308)?

Weekly Report: what happened at FMB last week (0226-0301)?

Investing With Impact: How Municipal Bonds Are Leading The Way

Bond Outlook: From Headwind To Tailwind

The Fed is going lower, and that’s almost all you need to know about bonds. It doesn’t pay to second guess the Fed. The direction of travel is most important, not every twist and turn along the way. The reason for the Fed likely cutting rates will be different from in the past.

Weekly Report: what happened at FMB last week (0219-0223)?

Fixed Income Market Expectations In 2024

Michael Goosay, Chief Investment Officer, Global Fixed Income, shares his outlook for the fixed income markets in 2024. He says global central banks may be looking to cut interest rates in 2024 and beyond. He believes fixed income will be an attractive asset class as the economic tightening cycle turns into a pause in and an easing of policy.

First Trust Managed Municipal ETF declares $0.135 dividend

First Trust Managed Municipal ETF declares $0.135 dividend Feb. 23, 2024. Forward yield 3.15% Payable Feb. 29; for shareholders of record Feb. 22; ex-div Feb. 21. First Trust Manmanaged Municipal ETF (FMB)

Muni Trends To Watch In 2024

We expect muni issuance in 2024 to outstrip the $380 billion in 2023. We expect the U.S. Economic environment, individual state laws, and the challenges facing municipal sectors to offer a favorable investment environment. We explore trends in the municipal bond market, including supply, performance, and what sectors to watch.