High Income Municipal
The High Income Municipal strategy is an actively managed strategy appropriate for investors seeking a goals-based portfolio with the aim for higher yield/income potential. The goal of the strategy is to generate higher income while investing in a high quality, diversified portfolio. The strategy consists of fully discretionary, separately managed account (SMA) portfolios. The strategy holds individual bonds, primarily consisting of investment grade issues, which seek high income through higher duration portfolios and for comparison purposes is measured against the Bloomberg Barclays Municipal Bond 15-Year (12-17) Index.
|Yield to Worst (*TEY)||2.96% (4.69%)|
|Yield to Maturity (*TEY)||3.15% (5.00%)|
*Taxable equivalent yield at the 37% federal tax bracket.
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Portfolio Management Team
Tom Bernardi, CFA – 5 years of industry experience
John Tranas – 26 years of industry experience
For more information find our strategies on Envestnet or Morningstar
Data as of 3/31/2019