About the Author

Karleen Strayer

Vice President

Karleen is a senior credit analyst within the municipal fixed income group at Wilmington Trust Investment Advisors, Inc., the investment advisory arm of M&T Bank and Wilmington Trust.

Prior to joining Wilmington Trust, Karleen was a managing director at National Public Finance Guarantee Corporation, a financial guarantor subsidiary of MBIA, Inc. During her 19 years at MBIA, Karleen managed teams in the areas of new business, insured portfolio management, and remediation, primarily focusing on the not-for-profit healthcare sector. She began her career as a commercial banker in the not-for-profit healthcare group within the First National Bank of Chicago.

Karleen holds a Master’s degree in Business Administration from the University of Michigan Ross School of Business and a bachelor’s degree in Economics from Nebraska Wesleyan University. She is a member of the Municipal Analysts Group of New York, the National Federation of Municipal Analysts and the Philadelphia Area Municipal Analyst Society. Karleen serves on the board finance committee of the Western Connecticut Health Network and she serves as board member and treasurer for The Music School of Delaware.


By the Author

Municipal Fixed Income Quarterly Market Commentary 3Q 2019

Karleen Strayer |
Investment Management
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In the 3Q 2019 issue of our quarterly publication, we discuss the latest developments in the municipal market.Municipal issuance picked up in the third quarter following muted supply the first half of the year; robust demand continued to outpace supply despite the increased issuance.Municipal issuers are increasingly turning to the taxable debt market to refund tax-exempt debt, a result of the Tax Cuts and Jobs Act of 2017.

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Municipal Fixed Income Quarterly Market Commentary 1Q 2019

Karleen Strayer |
Investment Management
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In the 1Q 2019 issue of our quarterly publication, we: Explore the state and local tax implications from the new tax reform legislation, from a market supply and demand perspective.Analyze the potential effects of the new tax law from a credit perspective.Provide data on the municipal market’s performance in the first quarter of the year.Strong technicals fueled first-quarter market performance as uplift from robust demand and moderate supply led to positive returns.

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Illinois’ Budget Crisis Redux

Karleen Strayer |
Wilmington Wire
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June 26, 2017—The Illinois General Assembly continues its 10-day special session this week making a last-ditch effort to approve a state budget prior to the start of its fiscal year on July 1. Other states, including Delaware, New Jersey, and Pennsylvania are still hashing out their budgets, but the stakes for Illinois are much higher.

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