Investment Overview

Our investment team seeks to deliver compelling risk-adjusted exposure to the muni market. Our customized strategies are based upon duration and credit quality.
Managed for after-tax total return
Smart Beta + Active Management: Core municipal market exposure; Alpha added from Tax-Advantaged Bond Strategies (TABS) security selection
TABS crossover trade

Portfolio Construction

Quantitative approach to structuring portfolios across the yield curve
Portfolio optimized for after-tax total return or risk-adjusted income
Credit quality customizable within the investment grade spectrum (ex. AA and higher; A and higher; BBB and higher)
Customizable duration targets
Issuer concentration typically limited to 5% of assets

Investment Team

Jim Evans, CFA Director of Tax-Advantaged Bond Strategies (TABS)
33 years of industry experience
26 years at Eaton Vance
BS, Cornell University
Brian Barney, CFA Director of Institutional Portfolio Strategies
15 years of industry experience
15 years with Eaton Vance
BS, University of Virginia
Christopher Harshman, CFA Vice President and Portfolio Manager
13 years of industry experience
7 years with Eaton Vance
BS, University of Florida
MBA, University of Rochester
Devin Cooch, CFA Vice President and Portfolio Manager
8 years of industry experience
8 years with Eaton Vance
BA, Bucknell University
Credit Analysts
14 credit analysts with 184 years of collective experience
Systematic review of credit trends across sectors
Over 4,000 issuers reviewed annually

Benchmark

Customizable benchmarks
Current mandates include Barclays Managed Money Municipal Bond Index: Customized Short (1-7 Years), Short/Intermediate (1-10 Years), Intermediate (1-17 Years), Customized Long Broad (7-20 Years), Long (10+ Years)