We’re proud of our Oklahoma heritage and we know many of our investors are, too. Our Oklahoma Municipal strategy seeks to generate income that is exempt from both federal and Oklahoma state income taxes. The duration target is between three and 10 years, and at least 80% of the securities are rated A or better at time of purchase.
How Our Fixed Income Management Process Works For You:
We seek opportunities to generate returns for our investors.
We test our discoveries for relative value and associated risk. If it’s not worth it, we go back to the drawing board.
We invest in assets that have value within the current market. We only buy when we believe the price is right.
We monitor our investments closely. We ensure our reasoning remains valid and, if it isn’t, we return to the discovery phase.
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 and state income taxes by investing in a diversified portfolio of at least 80% Oklahoma municipal securities rated A or higher at the time of purchase.
| $1,000,000 to $10,000,000 | 35 bps |
| Next $15,000,000 | 30 bps |
| Next $25,000,000 | 25 bps |
| Next $50,000,000 | 20 bps |
| More than $100,000,000 | 15 bps |