Short-Term Taxable


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.


Average Maturity 2.96
Yield to Worst 2.60%
Yield to Maturity 2.71%
Modified Duration 2.33

Sector Chart

Sector Allocations
Taxable Municipals 86.13%
Certificates of Deposit 7.36%
Treasury/Agency 2.86%
Corporate 0.54%
Cash 3.12%

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 and Morningstar

Data as of 6/30/2019