Easterly Asset Management Launches Two New Municipal Bond Offerings

Short Term and National Municipal Bond strategies to be offered as separately managed accounts (SMAs) to unlock tax-efficient, yield-focused investment for investors

Easterly Asset Management (“Easterly”), home to investment teams providing investors with a portfolio of solutions across alternatives, active equity, and active fixed income, today announced the launch of two municipal bond products, offered as separately managed accounts, Easterly ROCMuni Short Term Municipal Bond Strategy and the new Easterly ROCMuni National Municipal Bond Strategy. The offerings further expand Easterly’s curated investment solutions toward private wealth and institutional investors.

“Launching these SMAs reinforces our commitment to deliver value for Easterly clients with solutions that make their portfolios better," said Darrell Crate, Founder and Managing Principal of Easterly Asset Management. “With these new municipal bond offerings, Easterly aims to meet the growing demand for SMAs and help yield-focused investors achieve their income and risk-management goals in today’s complex environment.”

The Easterly ROCMuni Short Term Municipal Bond Strategy seeks to outperform traditional short-duration investments, such as money market funds and U.S. Treasuries, on an after-tax basis while maintaining a defensive posture. With a #1 ranking in its peer group since inception¹, the strategy offers compelling value for investors looking to take advantage of market inefficiencies by investing in overlooked premium coupon callable bonds, helping to diversify reinvestment risk and offer federally tax-exempt income.

The newly launched Easterly ROCMuni National Municipal Bond Strategy is structured for balanced, yield-seeking investors. It offers investors exposure to stable, federally tax-exempt income across various sectors and regions, benefiting from Easterly ROC Municipals' robust credit analysis and deeply experienced investment team, which co-managed a similar strategy during their time with the municipal bond team at OppenheimerFunds Rochester.

“We’re excited to leverage our experience and bring these products to market as a natural extension of Easterly’s municipal bond investment offering,” said Troy Willis, JD, CFA, Co-Head Municipals and Senior Portfolio Manager at Easterly ROC Municipals. “Combined, these strategies cater to a range of investor needs and risk tolerances, whether it’s managing volatility and credit risk while delivering tax-exempt income or gaining exposure to a yield-driven total return approach in the long municipal sector."

The strategies are structured to meet the evolving needs of yield-focused investors seeking stability, income, and after-tax performance in today’s uncertain economic landscape. Both strategies will be actively managed by the Easterly ROC Municipals team, led by experienced municipal bond experts Troy Willis, JD, CFA, and Charlie Pulire, CFA, and reflect the same credit discipline and market expertise that has underpinned their success honed over nearly two decades of working together.

For more information, please visit EasterlyAM.com.

¹Inception 4/27/22

Source: eVestment as of 3/31/2025. Percentile Ranking Universe: eVestment US Municipal Fixed Income – Short Duration consisting of 54 constituents.

ABOUT EASTERLY

Easterly Asset Management and its Strategic Partners provide private wealth and institutional investors with a portfolio of solutions across alternatives, active equity and active fixed income. Founded in 2019, Easterly’s goal is to bring curated solutions to clients that make their portfolios better by partnering with trusted investment teams who have an established track record of delivering value to investors. Easterly enables high-performing managers to operate at scale by delivering best-in-class resources, risk management, operational support, infrastructure, and an institutional and wealth distribution team. As of December 31, 2024, Easterly and its Strategic Partners manage $60B of client assets. For more information, visit easterlyam.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514327522/en/