Insights

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Insights

Equities

High Quality Dividend Equity Strategy Targets Income and Growth Potential with Defensive Characteristics in Changing Markets

By Joshua Perez, Bryan Poston

We believe that the end of the era of easy money policies marked an inflection point and a recent policy reset may fuel a more favorable environment for dividend-paying equities in 2024 and beyond.

Investing

March 2024 Market Commentary

April 9, 2024

Treasury yields declined from one to 10 years, albeit very little, to minimally reduce the curve’s longstanding inversion.

Corporate

Q2 2024 Corporate Bond Market Outlook

April 5, 2024 - Nicholas Elfner

IG issuer credit fundamentals are still broadly stable, and margins are hovering near their highest levels in 10 years.

ESG

A More Comprehensive, Climate-Aware Investing Strategy

January 2, 2024 - Peter Coffin

Our investment premise, briefly stated, is that companies on the pathway to net zero emissions are positioning themselves to thrive over the long term.

Investing

Changing Landscape in Bond Investing

November 27, 2023 - Ognjen Sosa

With the era of easy money fading in the rear view mirror and a Fed tightening cycle coming to an end, a favorable rate environment is improving investor sentiment towards fixed income.

ESG

Enhancing Portfolio Resilience Amidst Climate Change

September 18, 2023 - Joshua Perez

The net zero transition is underway, and the immense size of commitments and spending alone requires investors to evaluate its impact on the global economy, financial markets, and corporate finance.

ESG

Using Muni SMAs to Assist Climate-Vulnerable Communities

September 18, 2023 - Erika Smull

Breckinridge’s new Climate Vulnerability Customization allows investors to allocate capital to climate-vulnerable communities in a data driven manner.

ESG

There's Nothing Passive About Net Zero in Fixed Income

September 1, 2023 - Joshua Perez

Our analytical and actively managed approach to a net zero mandate, in our view, combines three key elements that are essential to reaching net zero goals.

Investing

Tax Loss Harvesting in Fixed Income Portfolios

July 7, 2023 - Eric Haase, Jeremy Jenkins

Separately managed accounts can offer the advantage of greater control of your tax liabilities through strategies such as tax-loss harvesting and tax-loss swapping.

Municipal

Taking the Measure of Bond Ladders

June 13, 2023

Breckinridge believes a less rigid approach can pursue objectives similar to ladder strategies while providing flexibility to opportunistically take advantage of changing market conditions.

Municipal

Considering the Municipal Bond Market Implications of ETF Asset Growth

May 10, 2023 - Jeremy Jenkins

As ETF assets grow, municipal bond investors may want to consider the implications for certain segments of the municipal market.

Investing

Why IG Bonds Now?

January 19, 2023 - Jeffrey Glenn, James Spidle

Fundamental strength, current high yields, underpin our cautiously optimistic outlook for corporate and securitized bond markets in 2023.

Municipal

How to Invest In-State vs Out-of-State in Municipal Bonds

January 13, 2023 - Jeremy Jenkins

An appropriate mix of in-state and out-of-state bonds in a municipal bond portfolio can be determined through careful consideration of tax rates and bond supply, among other factors.

Municipal

Market Technicals Affect Municipal Bond Prices (Looking Beyond M/T Ratios and Relative Value)

March 21, 2024 - Adam Stern, Jeremy Jenkins, Maggie Fitzpatrick

Prudent bond investors can employ investment and trading strategies to mitigate the impact of shifting market technicals.

Investing

February 2024 Market Commentary

March 8, 2024

Municipal bond yields changed little, outperforming Treasuries, supported by sustained demand and supply that trailed the five-year average.

Investing

January 2024 Market Commentary

February 8, 2024

Longer-term Treasury yields increased to start 2024, and the intermediate segment of the yield curve shifted to a more positive slope.

Investing

December 2023 Market Commentary

January 12, 2024

Treasury yields continued to fall in December as an “everything” rally spurred on by expectations for more rate cuts in 2024, drove markets into year-end.

Municipal

2024 Municipal Market Outlook

January 11, 2024 - Adam Stern

Stable credit, Supportive technicals, low ratios and spreads shape municipal market entering 2024, but risks should not be overlooked

Corporate

Q1 2024 Corporate Bond Market Outlook

January 8, 2024 - Nicholas Elfner

Concerns over government debt levels, labor supply, and the Fed eased, reassuring investors about the prospects for risk assets, including corporate bonds.

ESG

International Sustainability Standards Board Issues First Two Reporting Standards

January 2, 2024 - Robert Fernandez, Joshua Stein

The ISSB issued new standards for securities issuers reporting on sustainability and climate risks as they relate to their businesses.

Investing

November 2023 Market Commentary

December 7, 2023

Treasury yields declined and the curve inversion increased as stock and bonds markets rallied sharply during November.

Investing

October 2023 Market Commentary

November 8, 2023

During October, Treasury yields remained at 15-year highs and the curve steepened, as investors processed sometimes conflicting signals from economic data and market conditions and sentiment.

Corporate

Q4 2023 Corporate Bond Market Outlook

October 16, 2023 - Nicholas Elfner

Corporate bond credit fundamentals are softening from a solid starting point. Co-Head of Research Nick Elfner analyzes the signals in his quarterly bond market review.

Investing

September 2023 Market Commentary

October 11, 2023

The Fed paused rate hikes at its September meeting and, before investors could get too comfortable, Chair Jerome Powell stated that the rate increases were not done.

ESG

Giving and Investing Trends Converge for More Powerful Philanthropy

September 21, 2023 - Ariana Polk

Donor-advised funds (DAFs) and environmental, social and governance (ESG) investment strategies are converging for greater philanthropic impact.