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 | 7.41 |
| Modified Duration | 4.46 |
Sector Allocation
| General Obligation | 59.05% |
| School District | 15.88% |
| Water | 7.83% |
| Utilities | 3.99% |
| Higher Education | 2.75% |
State Allocation
| Texas | 12.68% |
| Indiana | 10.22% |
| Wisconsin | 8.55% |
| Michigan | 7.11% |
| Illinois | 7.08% |
Portfolio Management Team
For more information find our strategies on Envestnet or Morningstar
Data as of 06/30/2022