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Municipal Bond Opportunity Amid Climbing Rates

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Jason Diefenthaler, Head of Tax-Exempt Strategies for Schwab Asset Management™, shares his views on opportunities in the municipal bond market during an environment of climbing interest rates. To assist advisors who are interested in adding munis to their clients’ portfolios, Jason discusses asset allocation considerations as well as the benefits of pooled vehicles, which are an alternative to the complex, research-intensive process of selecting individual bonds. Jason concludes by sharing the key features of the recently launched, low-cost ETF, the Schwab Municipal Bond ETF (SCMB).