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By topic: Barron's, Europe, muni
By date: 06/01/2015, 2015

Showing articles by Greg Gizzi. See full archive list instead.

Date	Type	Title	Author	Team	Keywords	Category	Abstract
12/19/2018	Insight	Will supply-demand continue to be a key factor for taxable municipals in 2019?	Greg Gizzi	Fixed Income	Taxable municipals, munis, spreads, IG corporate bonds, technical factor, credit, rising rate environment, fundamentals, supply, demand, yield, infrastructure, deficit, advance refunding, tax reform, hedging cost		A strong technical factor helped the taxable municipal market in 2018. Senior Portfolio Manager Greg Gizzi looks at the potential effect of supply and demand on this market going into 2019.
07/13/2018	Insight	US taxable municipal bonds: Still an opportunity	Greg Gizzi	Fixed Income	taxable municipal bonds, US municipal bonds, investment grade credit		Foreign ownership of municipal holdings has declined recently with increased hedging costs, particularly for European investors, the key driver. Despite this slight reversal, the asset class has delivered attractive relative returns versus US corporate bonds due to favorable technical factors of reduced supply caused by the tax-reform bill.
01/26/2018	Insight	The impact of tax reform on the US municipal market	Greg Gizzi	Fixed Income	Tax reform, municipals, munis, corporate tax rate, advance refunding, private activity bonds, tax bracket, SALT, state and local tax, AMT, mortgage deduction, tax exempt	Small Mid-Cap Value Equity	The final tax bill that was signed into law in December 2017 had several elements that could affect the municipal bond market. In this commentary paper, Senior Portfolio Manager Greg Gizzi breaks down the various provisions of tax reform and what it can mean to municipal investors.
05/19/2017		Taxable municipal bonds: Finding new growth	Greg Gizzi	Fixed Income	Taxable munis, municipal bond, financial crisis, debt market, Build America Bonds, corporate credit, non US investor, fixed income		US municipal debt has become global, as non-US investors have increasingly turned to the taxable municipal bond market as a popular strategy since the global financial crisis, continuing their search for yield among relative risk components.
11/16/2015	Insight	Municipal bonds and rising interest rates: A historical perspective	Greg Gizzi	Fixed Income	interest rate, interest rate hike, are interest rates going up, rising interest rates, Fed policy, monetary policy, interest rates, rising rates, municipal bonds, credit spreads, yield curve, high yield municipal bonds, intermediate term municipal bonds, normalizing interest rates, investment grade municipal bonds, yield curve, municipal bond investing, investing in municipal bonds		As the likelihood of tighter monetary policy increases, Senior Portfolio Manager Greg Gizzi discusses several likely implications for municipal bond allocations. He examines the 2004-2006 period of rate hikes as a basis for his explanation of municipal bond behavior during periods of rising rates.
11/11/2015	Insight	Despite periods of cooling in 2015, municipals generally see support	Greg Gizzi	Fixed Income	municipal bonds, tax-free yields, municipal yields, municipal finance, municipal bond outlook, fixed income outlook, tax-free bonds, tax-free debt, infrastructure, pension obligations, investing in municipal bonds, municipal bond funds		With year-end approaching, portfolio manager Greg Gizzi walks users through a review of municipal bond markets that look healthy and poised for a solid 2016, despite some interesting forces in play.
08/17/2015	Insight	Municipal markets at midyear: A focus on the Fed, rating agencies	Greg Gizzi	Fixed Income	market outlook 2015, bond market outlook, municipal market, municipal bond market, muni market, muni bonds, muni market outlook, muni market review, rating agencies, rising rates, Fed		The municipal market has experienced a flood of new supply in the first half of this year as issuers look to refund debt early. Greg Gizzi notes that the technical environment, along with a new focus on rating agencies, has dominated the muni markets year-to-date and offers an outlook for the remainder of 2015.
06/09/2015	Insight	Despite California drought, returns on water bonds shouldn’t dry up	Greg Gizzi	Fixed Income	Water bonds, California drought, municipal bonds, water revenue bonds, municipal investing		The drought in California has had a serious effect on the state’s available water supply and has led to sizeable conservation efforts. From an investment perspective, however, Greg Gizzi notes that the reality for bondholders is not necessarily as dire.
11/06/2014	Insight	Uncovering value in today’s muni bond market	Greg Gizzi	Fixed Income	municipal bonds, muni bond market opportunities, muni outlook		As a team that focuses on bond-by-bond credit selection, the Delaware Investments municipal bond group emphasizes the lower portion of the investment grade spectrum. Portfolio manager Greg Gizzi talks about finding value within that part of the credit curve. [Runtime: 2:46]
05/30/2014	Insight	Municipal bonds may be more attractive given today’s tax code	Greg Gizzi	Fixed Income	tax-free investing, municipal bonds, municipal bonds and taxes, taxable equivalent yield		Greg Gizzi looks at how changes to the tax code in recent years have made the investment landscape even more attractive for municipal bond investors.
05/12/2014	Insight	Municipal bond market update: A pleasant surprise for municipal investors in 2014?	Greg Gizzi	Fixed Income	municipal bonds, municipal market, municipal investors, muni bonds, tax-free investing, municipal returns		If you agreed with the overwhelmingly lukewarm consensus outlook for the municipal bond market in 2014, you would be pleasantly mistaken after the first quarter. The consensus view called for...