
Todd Wax, CFA
Senior Fixed Income Analyst
Todd Wax is a senior fixed income analyst for Thornburg Investment Management. He joined Thornburg in 2010.
Todd holds BBA and MBA degrees from Texas Christian University’s Neeley School of Business. Prior to his current role at Thornburg, he worked in the firm’s client portfolio management group and also held a position at Fidelity Investments. Todd is a CFA charterholder.
18years in industry
15years at Thornburg
Insights

Municipal Bonds
Municipal Debt and the Changing Landscape of Private Higher Education
With demographic declines ahead, municipal bond investors can find opportunities in private higher education debt.

Markets & Economy
VRDOs May Protect Municipal Bond Investors Against Rising Rates
The volatility of short-term rates, however, means the variable rate structure isn't a silver bullet.

Markets
American Depositary Receipts (ADRs) & Foreign Currency Risks
Dispel the myth that ADRs do not carry foreign currency risks. Learn more.