Municipal Strategies

The Municipal Fixed Income team comprises specialists in municipal portfolio management, municipal credit, and quantitative research. It believes adherence to a disciplined, repeatable investment process – which includes interest rate risk measurement and calibration, fundamental credit research and analysis, institutional execution, and continuous performance review – can provide investors with attractive risk-adjusted returns relative to benchmark and peers. 

Our total return strategies offer investors an actively managed portfolio that is designed to maximize total return and current income. This strategy does not express an interest rate or yield curve view, but rather manages interest rate risk through the use of key rate duration allowing clients to choose their interest rate tolerance through one of four investment styles – Enhanced Cash, Short, Short Intermediate, and Intermediate. We believe clients can benefit from diversification, including geographic, sector and ratings diversification, and we seek to capitalize on the inefficiencies found in the municipal market. The total return strategies employ our proprietary credit and trading investment ideas.

We also offer quality income strategies.