Municipal bonds issued by school districts can be part of the stable foundation of a municipal bond portfolio.
Key Points Both Hillary Clinton and Donald Trump have said they want to increase spending on infrastructure, which could mean an increase in the issuance of municipal revenue...
A Puerto Rico default would not pose a major risk to the rest of the muni market or a diversified muni portfolio.
While most states have high and stable credit ratings, slowing tax revenue growth is a potential warning sign.
Limiting your muni holdings to in-state issuers could leave you concentrated in issuers with similar risk characteristics.