By capitalizing on periods of market dislocation, the Fund maintains a long-term goal of capturing value, while patiently waiting for opportunities to selectively purchase high-quality bonds which meet higher yield targets. Using proprietary quantitative and credit research, the Fund seeks to take advantage of inefficiencies within the municipal bond market to identify value in mispriced callable bonds and in credits that the firm considers to be financially resilient yet misunderstood by the market. Disciplined discovery of high-grade opportunities in volatile markets
Duration of the Fund will vary based on where along the yield curve there is perceived value in the market. maintaining an investment-grade rating from at least one of the three major credit ratings agencies or as rated internally by the sub-adviser, Gurtin Municipal Bond Management) and has the ability to invest across the entire municipal yield curve. The Fund maintains a patient, disciplined, and opportunistic approach to finding value in high quality municipal bonds (i.e. Why Invest In This Fund A flexible approach to unlocking alpha The Fund seeks to provide current income exempt form regular federal income tax and California state personal income taxes while seeking to preserve capital and liquidity. Fund Overview Higher potential tax-free income for California investors
0 kommentar(er)
