Corporate Crossover for Taxable Investors

As part of our crossover strategy, Fiera Capital’s Tax Efficient fixed income investment process will consider investment grade taxable securities on an after-tax basis. Usually municipal bonds make the most sense for taxable clients. However, when the after-tax spread relationship is compensatory we may look to invest in taxable securities such as corporates, Treasuries and agencies. Please click here to view the relative value after-tax yield curves that show the yield differences.