#341 – Lyle Fitterer, Baird Asset Management - You Could Even Argue That They’re Better Credits Than The Federal Government
In episode 341, we welcome our guest, Lyle Fitterer, portfolio manager for Baird Asset Management, where he runs a $1.8 billion municipal bond fund.
In today’s episode, we’re talking all things muni’s. Lyle begins with an overview of the muni bond market and the benefit of tax-exempt income for investors. Then we hear how Lyle went on the offensive when the COVID drawdown occurred last year. Finally, we walk through some of the different factors affecting the muni market right now, including state and local budgets, expectations for higher taxes and an infrastructure bill, and interest rates.
Be sure to listen until the end to hear what sectors Lyle avoids within the muni space.
Please enjoy this episode with Baird Asset Management’s Lyle Fitterer.
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