Short-Term Taxable

Description

The Short-Term Taxable strategy is an actively managed strategy appropriate for investors seeking a hedge against rising interest rates from a high quality, diversified portfolio.  The goal of the strategy is to reduce portfolio volatility and credit risk, generate taxable income, and produce superior risk adjusted returns relative to the Barclay’s 1-5 Year Government/Credit benchmark. The strategy consists of fully discretionary, separately managed account (SMA) portfolios and holds mostly taxable securities.

Profile

Average Maturity 3.20
Modified Duration 2.72

Sector Chart

Taxable Municipals 87.47%
Certificates of Deposit 9.46%
Cash 3.08%

Portfolio Management Team

Tom Bernardi, CFA | 10 years of industry experience
John Tranas | +20 years of industry experience

For more information find our strategies on Envestnet and Morningstar

Data as of 12/31/2020