Gurtin's Approach to Credit Analysis

The preponderance of gilt-edged credit ratings from major ratings agencies — and municipal bonds’ historically low default rates — may lead some investors to believe highly rated investment grade municipal portfolios do not require significant independent credit analysis by their manager. In this evolving credit landscape, however, Gurtin believes it is more important than ever to conduct strong, bottom-up credit research across all municipal sectors.

Read this overview to learn how we leverage intensive credit research in an effort to maintain portfolio quality, locate opportunity, and preserve capital in all of our municipal bond strategies. Read this overview to explore:

  • Escalating challenges facing municipal obligors
  • How Gurtin seeks to identify municipal obligors that have the financial strength and flexibility to weather inevitable cycles of credit stress
  • Specifics on Gurtin’s fundamental municipal credit research process, including our approach for various municipal sectors

Simply complete the form on this page to explore our approach to credit analysis.