Is high yield high risk? Uncovering opportunities in municipal bonds

While the term high yield is generally synonymous with high risk, municipal high yield bond risks are different from those of general obligation or high yield corporate bonds - as are the protections often associated with them.

Key themes include:

• Why high yield municipal bonds are primarily project bonds - not government budget risk.
• How these bonds have historically recovered after periods of market volatility.
• Why misunderstanding this asset class may actually create investment opportunity.

Join Steve Hlavin, Portfolio Manager, Dan Close, Head of Nuveen Municipals, and Margot Kleinman, Director of Research, as they explore the current municipal market landscape, address common misconceptions surrounding high yield municipals and discuss why overlooking this asset class could mean missed opportunities for certain investors.

Date recorded: 3/31/26
Speakers: Dan Close, Margot Kleinman, Steve Hlavin