Five-Year Municipal Bond

 Strategy Summary

  • Style: National, Investment Grade
  • Approach: Active; Top-Down/Bottom-Up
  • Benchmark: Bloomberg Barclays 5-Year Municipal Bond Index
  • Inception: 6/1/2003
  • Strategy Assets: $445 MM as of 3/31/18

Investment Philosophy

We believe the key to successful bond management is to protect and grow both principal and income. We also believe that an active, national approach provides greater potential to reduce risk and maximize after-tax returns. Integral to our approach is seeking opportunities out to ten years on the yield curve. This broader exposure allows us to continuously reposition our portfolio and take advantage of market trends.