Overview
Assets
$325.6 million
As of December 31, 2023
Inception Date
April 1, 2005
Body
Philosophy
Our long-term, fundamental fixed income philosophy is centered on capital preservation and income.
Process
The Tax-Exempt Fixed Income Strategy (the “Strategy”) is a portfolio of high-quality, fixed income securities issued by state and local governments throughout the United States. Portfolios can also be customized by geography to optimize tax advantages for individual client circumstances. The Strategy focuses on pre-refunded, general obligation, and essential-service revenue bonds. Bonds are laddered by maturity, with portfolio duration maintained in the short to intermediate range.
Commentary