Strategy Goal

Our Enhanced Tax Free strategy invests further down the credit scale than our Short Term Tax-Free and Intermediate Tax Free strategies. As such, it seeks to generate income that is exempt from federal income taxes while still mitigating risk. The duration target is between three and 10 years.

Our Process

How Our Fixed Income Management Process Works For You:

Discover

We seek opportunities to generate returns for our investors.

Assess

We test our discoveries for relative value and associated risk. If it’s not worth it, we go back to the drawing board.

Invest

We invest in assets that have value within the current market. We only buy when the price is right.

Monitor

We monitor our investments closely. We ensure our reasoning remains valid and, if it isn’t, we return to the discovery phase.

Objective

Our Fixed Income strategies seek to achieve results for you by looking for inefficiencies in the market—particularly in areas we consider under-researched areas—and taking advantage of them for your benefit. While we believe that excess return is good, we believe risk-adjusted return is even better. Our pursuit of superior returns for you is tempered with strong risk-management processes.

The objective of this strategy is to generate current income that is exempt from federal income taxes by investing primarily in a diversified portfolio of municipal securities while using full flexibility along the credit risk spectrum.

Account Minimums and Fees

All accounts75 bps
Account Minimum: $2,000,000
Cavanal Hill reserves the right to waive account minimums at its discretion.