Mitchell Capital Management’s fixed income investment strategies pursue the belief that fixed income portfolios represent the foundation of an overall investment allocation. Our Tax-Exempt fixed income strategy looks to build a safe, sustainable stream of tax-free income. We employ a time-tested, diligent investment process to build high quality fixed income portfolios that are suitable for all market environments.

We modify portfolios to a client’s specific risk tolerance and state income tax liability. The strategy seeks to deliver total returns, on a risk-adjusted basis that exceed an intermediate municipal bond index.

We employ a multi-stage process in constructing portfolios:

• We begin by studying the current economic environment, monetary and fiscal
  policies, and secular trends are important in identifying the pressure on future
  interest rates. Our Investment Committee employs an active interest rate call,
  giving us flexibility to adjust the duration of the portfolio between 1-6 years. The
  committee also has the capacity to utilize tactical overlays using U.S. Treasury
  and U.S. TIPS bonds.
• We are opportunistic in selecting municipal bonds that achieve the best risk/reward. Our proprietary credit analysis model is instrumental in determining which municipal credits we would consider adding to the portfolio, favoring those we believe to be in an improving credit position.
• We strive to achieve best execution on behalf of our clients, utilizing our deep bench of industry brokers.