<aside> 💬 Closed-end funds in fixed income are investment pools that collect money from multiple investors to buy a diverse range of fixed-income securities like bonds. These funds have a set number of shares and trade on stock exchanges. Managed by professionals, they offer diversification, potential dividends, and can trade at prices higher or lower than their underlying value.
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<aside> 💬 Municipals, short for municipal bonds, are debt securities issued by state, local, or municipal governments to raise funds for public projects like infrastructure, schools, and utilities. These bonds offer tax advantages as the interest income is often exempt from federal and sometimes state income taxes. In the context of closed-end funds in fixed income, municipals refer to portfolios of these bonds managed by professionals to provide investors with tax-efficient income and potential capital appreciation.
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Evaluated the performance of firm investments compared to other asset managers in the space, utilizing various data outputs from Bloomberg, Morningstar, and Lipper to generate actionable insights. Presented insights to senior-level leadership as presentation material to both internal and external stakeholders.
<aside> 🔒 Under NDA, please feel free to contact me at [email protected] for any inquiries!
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