Tactical Ladder
Strategy Overview
The Tactical Ladder strategy is an actively managed strategy that consists primarily of investment grade securities with an overall modified duration range of +/-15% to the benchmark. The foundation of our process rests on our independent, in-house credit research team, which enhances our value-based investment approach by identifying suitable credits currently undervalued in the marketplace.
Profile
Average Maturity | 7.53 |
Modified Duration | 3.99 |
Sector Allocation
General Obligation | 61.92% |
School District | 14.06% |
Water | 9.35% |
Utilities | 3.45% |
Higher Education | 2.02% |
State Allocation
Texas | 12.48% |
Indiana | 9.38% |
Wisconsin | 9.03% |
Michigan | 7.92% |
Illinois | 7.55% |
Portfolio Management Team
Tom Bernardi, CFA | 10 years of industry experience
John Tranas | +20 years of industry experience
For more information find our strategies on Envestnet or Morningstar
Data as of 03/31/2022