In this episode, host Chris Roberti is joined by Scott Sprauer, Senior Managing Director and Portfolio Manager at MacKay Municipal Managers, directly from the Los Angeles trading desk. Scott shares his team's top five insights for the municipal bond market in 2025, offering a roadmap for navigating the complexities of a shifting market. From tax-free income to supply opportunities, investment-grade selection, and high-yield dynamics, they break down actionable themes investors should consider in the year ahead. Scott and Chris also explore the importance of active management and why meaningful municipal allocations are more critical than ever. Don’t miss this insightful conversation as The Muni360 Podcast continues to provide expert perspectives on the highly fragmented municipal bond market.

Presented by New York Life Investments
www.newyorklifeinvestments.com

MacKay Municipal Managers is a team of portfolio managers at MacKay Shields. MacKay Shields is 100% owned by NYLIM Holdings, which is wholly owned by New York Life Insurance Company. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.

SMRU: 7488717