Perspectives Blog

James Dearborn, Head of Municipal Bonds

James Dearborn is the head of municipal bond investments for Columbia Management. Mr. Dearborn’s investment team manages nearly 30 mutual and common trust funds, as well as numerous institutional and high net worth accounts. He joined the firm in 1996 and has been a member of the investment community since 1986.

Prior to joining the firm, Mr. Dearborn worked at Moody’s Investors Service as a senior analyst in the state and high profile rating group. He was also a member of the firm’s rating committee.

Mr. Dearborn earned a B.A. from Wesleyan University in Connecticut and an M.A. in public administration from the Maxwell School of Citizenship and Public Affairs at Syracuse University.


The taxman cometh

James Dearborn, Head of Municipal Bonds | March 13, 2014

New and higher taxes will increase what many owe Muni bonds can help mitigate your tax bill Muni yields are attractive vs. many other investment options With tax season fully upon us, many Americans are about to realize the harsh realities of the new tax environment that came into effect January 2013 with the passage

The perils and pitfalls of buying individual municipal bonds

James Dearborn, Head of Municipal Bonds | February 27, 2014

Volatile ratings leave retail investors at risk Retail investors could pay higher prices Deck is stacked against retail investors With an increasing focus on the benefits of owning municipal bonds — attractive after-tax yields, low historical default rates and relatively low volatility — investors are again considering purchasing individual muni bonds. But the deck may be stacked against

Fear is not a strategy

James Dearborn, Head of Municipal Bonds | November 18, 2013

As muni bond prices fell and yields soared in recent months, fear and uncertainty kept investors away. Amidst the unprecedented fear-based sell-off, the fundamentals of the muni bond market continue to strengthen. Bypassing muni bonds may mean missing out on today’s attractive long-term buying opportunities. Tax-free income is a big reason why so many investors have