Insight
Systematic Tax Management in Municipal Fixed Income
Negative returns are never ideal. However, recent performance in the municipal bond market can serve as a reminder that even in downturns, investors can benefit from proactive strategies like tax-loss harvesting to improve after-tax outcomes.
11/24/2025
7 min read
Topic
Tax Management
Key takeaways
- Recent performance challenges in the municipal bond markets have brought tax-loss harvesting into sharper focus.
- Systematic tax-loss harvesting brings a structured consistency to portfolio tax management with multiple benefits, particularly in the municipal bond space.
- Allspring’s dynamic and proprietary process for leveraging systematic tax-loss harvesting, fundamental research, and institutional trading capabilities may be a powerful tool for advisors to pursue better outcomes with our tax-advantaged and personalized SMA portfolios.