Core Municipal Strategy Characteristics & Commentary 3Q25

  • DATE: October 30, 2025
  • TYPE: PDF
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Core Municipal Strategy Profile 3Q25

The investment objective of this strategy is to minimize downside risk in any environment and maintain consistent quarterly after-tax total returns over an intermediate to...

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October 27, 2025 -- In a previous Notes prior to the September FOMC meeting, we wrote that the Fed's balance sheet runoff and increased Treasury bill issuance will continue...

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