Long Duration Municipal

Objective

The strategy seeks long-term preservation of capital and current income through the construction of a high-quality portfolio of intermediate to long duration tax exempt securities.

What is the Long Duration Municipal Strategy?
• Diversified portfolio of municipal bonds across states, issue type (general obligation and revenue), and sector.

• The strategy will adjust to make tactical allocations to take advantage of the current yield curve environment.

• Security selection process includes evaluating the credit quality and fundamental characteristics of the underlying issuer in addition to key characteristics such as current yield to worst, coupon rate, and liquidity.

Category

Fixed Income

Ticker

MUNIL

Inception

03/31/2024