Objective
Seeks to exploit market inefficiencies to deliver yield within an overall defensively-constructed portfolio.
Why This Strategy?
People
Senior Portfolio Managers, Troy Willis and Charlie Pulire, have deep experience in municipal bond investing.
Portfolio
Applies rigorous credit analysis and relative value-based security selection to assist in the construction of an actively managed portfolio focused on under-valued, overlooked sectors and securities.
Philosophy
Seeks to provide short duration, after-tax, yield driven total returns.
Process
We strive to uncover market inefficiencies, carefully selecting short-duration, high-quality, short-call municipal bonds that generate coupon interest while avoiding leverage, and investment in vehicles such as mutual funds.
Why ROC Municipals?
At Easterly ROC Municipals, we believe the key to long-term outperformance is fundamentally based on independent credit research and an active management strategy that seeks to maximize federally tax-exempt, yield-driven total returns. By consistently exploiting the many inefficiencies across the spectrum of the asset class that define the Muni bond market, we believe above-market levels of federally tax-efficient income can be earned without commensurate levels of risk.
