Tactical Ladder
Strategy Overview
The Tactical Ladder strategy is an actively managed strategy that consists primarily of investment grade securities with an overall modified duration range of +/-15% to the benchmark. The foundation of our process rests on our independent, in-house credit research team, which enhances our value-based investment approach by identifying suitable credits currently undervalued in the marketplace.
Profile
| Average Maturity | 7.76 |
| Modified Duration | 4.14 |
Sector Allocation
| General Obligation | 44.69% |
| School District | 34.07% |
| Water | 6.97% |
| Utilities | 2.43% |
| Higher Education | 2.08% |
State Allocation
| Texas | 12.05% |
| Indiana | 11.96% |
| Illinois | 10.31% |
| Michigan | 10.14% |
| Wisconsin | 5.41% |
Portfolio Management Team
For more information find our strategies on Morningstar
Data as of 12/31/2024