Advisers are well aware of the tax-exemption of interest paid by municipal bonds, but often overlook the opportunity to improve performance by executing tax-beneficial transactions rather than holding to maturity or call. These transactions fall into two broad categories — tax-loss selling and tax-rate arbitrage. In this webinar, Andrew Kalotay will discuss common mistakes made by advisers, identify bonds best suited for tax-beneficial transactions, and describe the analytical toolkit required to determine the optimal time to sell. The after-tax performance of municipal portfolios managed accordingly is expected improve by 20 to 30 basis points annually over a buy-and-hold strategy.

This is the archived version of a live webinar that took place 22 May 2018.