Tax Efficient Core Plus Enhanced

Strategy Overview

Investment approach

Our Tax Efficient Fixed Income investment strategies focus on quality control and effective risk management by utilizing a disciplined, capital preservation focused investment process. Portfolio Managers work directly with clients to customize separately managed portfolios to their investment goals, risk tolerance, liquidity needs, and state and federal tax status. The Tax Efficient Core Plus strategy is focused on active management of duration, yield curve, credit, and sector exposure of 1-10 year maturity, investment grade municipal bonds, corporates, and government-related securities. The enhanced component seeks to take advantage of the opportunity for higher yields and discount appreciation in closed-end funds with a tactical allocation to the Investment Company Strategy.

Key Characteristics

  • After-tax total return orientation
  • Credit research emphasis
  • Enhance returns with tactical exposures to closed-end bond funds
  • Preservation of capital
  • Risk-management focus


Please read the simplified prospectus before investing. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this fund is a suitable investment for them.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.