Our Process

Our Goal is to:

  • Provide customized investments that match our clients' needs.
  • Provide returns that are consistent and research-driven.
  • Provide current income that enhances the risk-adjusted return of the investor's overall portfolio.
  • Structure fixed-income investments that most effectively diversify a client's portfolio.

What Sets Us Apart:

  • Industry Leadership: Over $77 billion in municipal bond assets under management as of 9/30/10 and more than 100 years in the municipal bond business.
  • Market Access: Established relationships with more than 100 national and regional dealers to help our clients access a fragmented and inefficient market.
  • Credit Research: One of the largest municipal credit research teams in the investment management industry, with experienced teams that specialize in specific sectors and niche markets.
  • Investment Experience: An experienced portfolio management team that averages over 17 years of industry experience.
Municipal Investment Process

1) The Investment Committee includes portfolio managers and other memebers of the municipal team.

2) The Investment Team is composed of portfolio managers and trading assistants.