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Breckinridge Capital Advisors

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Long Intermediate Tax-Efficient

Benchmark Bloomberg Managed Money Intermediate

The Long Intermediate Tax-Efficient Strategy is an investment grade, long-intermediate duration municipal bond portfolio that seeks to preserve capital and maximize after-tax income.

Allocations to U.S. Treasury, government-related and corporate bonds may also be considered based on a client’s tax rate. The strategy employs active management, bottom-up research and proactive portfolio positioning. This strategy allows clients to bias towards over 30 states for investors with state-tax liabilities.

Investment Objective

Preserve capital and maximize after-tax income

Eligible Investments

Tax-Exempt Municipal Bonds

Treasury Bonds

Government-Related Bonds

Corporate Bonds

Strategy Information

Inception Date: January 2005

Strategy AUM: $1.5 Billion

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For more information on performance, customization and other characteristics please submit this form and a member of our Client Relations team will be in touch.

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Our Portfolio Management Team

Matthew Buscone

Co-Chief Investment Officer

Eric Haase

Senior Portfolio Manager

Maggie Fitzpatrick

Portfolio Manager

Andressa Tsaparlis

Associate Portfolio Manager

Patrick Araujo-Lipine

Associate Portfolio Manager

The information above is current as of 12/31/25.

There is no guarantee that the strategies or customizations will achieve their objectives, lower volatility or be profitable. Client-driven modifications and customizations are subject to review and approval. Some modifications and customizations cannot be combined and/or require higher account minimums. All investments involve risk, including loss of principal. Diversification cannot assure a profit or protect against loss. No investment or risk management strategy can guarantee positive results or risk elimination in any market. Investments in values-aligned customizations are subject to proportionately higher exposures in certain types of risks.

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