Tax-Free Portfolio

  • Our tax-free fixed income approach is based on client objectives, maximizing returns and addressing liquidity and income needs.
  • Portfolios managed versus policy specified performance indices.
  • Portfolio mix of US treasury, government agency, corporate and mortgage and asset-backed securities.
  • Sectors are emphasized based on relative attractiveness.
  • Maturities adjusted in anticipation of changes in interest rates, economic activity, inflation expectations, Federal Reserve policy and money demand and supply characteristics.
  • Only high-quality securities, including those rated “A” or better by Moody’s or Standard & Poor’s.
  • Total fixed income holdings in any individual corporation will not exceed 5% of a portfolio’s value.
  • Careful analysis for mortgage securities and asset-backed securities, requiring government/agency collateral when utilized.