Higher-education municipal bonds have been battered amid the fallout from President Donald Trump's policies. However, there are buying opportunities if you know where to look, according to Nuveen. Trump has targeted several colleges and universities since taking office, including freezing research money and hiking the tax rate on endowments. However, the worst of the headline risk has now passed for higher-ed munis, which represent just about 6% of the $4.3 trillion muni bond market, said Dan Close, head of municipals at Nuveen. "Right now, the higher education sector is on sale," he said. Municipal bonds are generally free of federal taxes. They may also be exempt from state tax if the holder resides in the state in which the bond was issued. The higher-ed sector had already been struggli
These beaten up tax-free bonds are 'on sale,' says Nuveen. Where it sees opportunity

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