The Tax Sensitive team identifies undervalued sectors and securities through intensive fundamental and quantitative analysis. Through our research expertise and trading acumen we seek to achieve best execution on relative value opportunities rather than relying on interest rate forecasting to deliver excess return. Our municipal analysts seek to uncover stable to improving credits with an emphasis on revenue bond issuers, identifying strong credits that provide widely diversified sources of debt service within a single portfolio. Working closely with a dedicated trading desk, the team's primary objective is capturing compelling opportunities available in an often-fragmented marketplace.
|Core Intermediate||Actively managed portfolio of investment grade intermediate municipals.|
|Short Term||Investment grade limited maturity municipal bonds, taking advantage of yield curve and price anomalies.|
|"Crossover"||Dynamic shift between taxable and municipal bonds may optimize after-tax return.|
|Enhanced Yield||Passive ladder of higher yielding investment grade municipals.|
|Absolute Return||Extracts total return, measured after taxes, from broad selection of fixed income sectors and securities.|
*Flexible to meet client guidelines and objectives.