RSW LOW DURATION

Lower level of Interest Rate Sensitivity.

RSW MARKET DURATION

Moderate level of Interest Rate Sensitivity.

Both Investment Styles:

  • Share the same core investment discipline.
  • Employ an individualized portfolio of high quality tax-exempt municipal bonds.
  • Utilize pre-determined buy and sale policies.
  • Afford an opportunity to capture higher relative yields, while maintaining a prudent level of credit and interest rate risk.
  • Utilize securities and strategies that tend to lessen the degree of principal fluctuations during periods of rising interest rates.

RSW ENHANCED INTERMEDIATE DURATION

Moderate Interest Rate Sensitivity

  • Targets the same “core” investment discipline as RSW’s Low and Market Duration strategies plus:
  • Tactical (shorter term ) portfolio strategies that may include:
    • Active interest rate management
    • Ability to carry higher levels of cash positions.
    • Investments in U.S. Treasury Obligations.

These strategy overlays should afford ample opportunities for RSW’s team to deliver enhanced returns, particularly during challenging market conditions.

RSW SHORT-TERM TAXABLE MUNICIPAL

Lower level of Interest Rate Sensitivity.

RSW INTERMEDIATE DURATION TAXABLE MUNICIPAL

Moderate level of Interest Rate Sensitivity.

Both Investment Styles:

  • Employ an individualized portfolio of high quality taxable municipal bonds.
  • Seek to enhance the total rate of return through optimal issuer and maturity selection.
  • May employ tactical portfolio strategies including an investment in U.S. Treasury bonds.