Intermediate Term Taxable

Strategy Overview

The Intermediate Term Taxable strategy is an actively managed strategy appropriate for investors seeking current taxable income and capital preservation.  The goal of the strategy is to produce superior risk adjusted returns relative to the benchmark. The strategy consists of fully discretionary, separately managed account (SMA) portfolios and holds mostly taxable securities.


Average Maturity 7.35
Modified Duration 5.75

Sector Allocation

Taxable Municipals 85.46%
Treasury/Agency 9.08%
Cash 3.98%
Certificates of Deposit 0.85%
Corporates 0.27%

Portfolio Management Team

Tom Bernardi, CFA
John Tranas

For more information find our strategies on Morningstar

Data as of 09/30/2023