Our investment philosophy is simple: preserve our clients' wealth. Our "defensive" style of management that supports this philosophy is equally straightforward: actively manage all holdings to maximize total return (on an after tax basis.)
Our traditional product portfolios can typically be characterized as follows:
Avg. Effective Maturity 5.0 years
Avg. Effective Duration 4.1 years
Avg. Quality AA+
Nothing less than "A" rated
The benchmark used to gauge performance in our Traditional 5 Year Product is the Barclays Capital Five Year GO Municipal Index.