This special edition of On the Trading Desk® features a discussion about the liquidity component of an investor’s portfolio. Following the disruptions to the short-term bond market in March and April, cash investors are now looking for a balanced path forward. To help explain, Yeng Butler, Head of the Liquidity Client Group at Wells Fargo Asset Management, and Jeff Weaver, Senior Portfolio Manager and Head of Municipal and Short Duration Fixed Income, WFAM Global Fixed Income, share their insights about opportunities for cash investors in a low-rate environment, the questions investors should be asking as they assess their cash portfolios, and the potential risks and rewards of the short-term municipal market. A transcript is on AdvantageVoice®.


Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company. These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC. Certain products managed by WFAM entities are distributed by Wells Fargo Funds Distributor, LLC (a broker-dealer and Member FINRA).

This material is for general informational and educational purposes only and is NOT intended to provide investment advice or a recommendation of any kind—including a recommendation for any specific investment, strategy, or plan. PAR-0720-00025

INVESTMENT PRODUCTS: NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE