Description: Tax-Advantaged Strategy designed to maximize tax-free income. Individual portfolios are optimally constructed according to the unique risk characteristics and tax sensitivities of each of our clients. Typically, 90 - 100% of the total strategy is invested in New Jersey municipal bonds.
Benchmark: Barclays New Jersey Tax Free Municipal Bond Index
Inception Date: July 1st, 2010
|FIXED INCOME CHARACTERISTICS||RAMIREZ NJ TAX-ADVANTAGED STRATEGY||BARCLAYS NJ MUNICIPALS INDEX||DIFFERENCE|
|Avg. Maturity (Yrs)||19.68||11.93||7.75|
|Avg. Coupon (%)||4.48||4.55||-0.07|
|Effective Duration (Yrs)||8.19||6.43||1.76|