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 2.64
Yield to Worst 2.32%
Yield to Maturity 2.38%
Modified Duration 2.23
Avg. Coupon 2.99%

Sector Chart

Sector Allocations
Taxable Municipals 93.97%
Certificates of Deposit 3.38%
Cash 2.11%
Corporate 0.54%

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 9/30/2018