ZCM Core Municipal Strategies

Overview

Provide an actively managed approach to traditional tax-exempt market opportunities in either a risk-focused “Duration” or “Targeted” maturity approach. We evaluate and invest on a relative value approach which also offers consideration to benefits of State preference.

Investment Philosophy

We manage to a clear “no surprises” philosophy that seeks to maximize risk-adjusted fixed income returns. Starting with a thorough understanding of a client’s objective, we seek to control market risk factors (Interest rates and Credit) consistent with goals and exploit excess risk adjusted return through robust proprietary fundamental analysis. We call this our Six-Risk Factor approach.

Portfolio Management

Reid Smith, CFA

Director, Fixed Income Strategies, Senior Portfolio Manager

Daniel Urbanowicz

Director of Fixed Income Strategies, Senior Portfolio Manager
Snapshot

Inception Date: January 1, 2016
Investment Team: Fixed Income Group

ZCM Core Municipal Intermediate
Account Minimum: $1,000,000

ZCM Core Municipal Targeted
Account Minimum: $250,000

More Information