Today’s investment environment can be maddening with tax rates up, the number of deductions down and interest rates remaining low. In this new world of investing, professional guidance is needed now more than ever. At BlackRock, our long-term focus on the big picture has helped investors build diversified investment portfolios and meet their income goals.
What are Municipal Bonds?
Once considered a secondary alternative to Treasuries, municipal bonds are gaining attention for their income, relative stability and diversification benefits. These debt obligations are:
- Issued by, or on behalf of public projects that enhance our communities, such as schools, hospitals and roads;
- In effect, making a loan in return for regular interest payments over time; and
- Exempt from federal, and sometimes state income tax, playing an important role in protecting your investment income.