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

BEVERLY, Mass., May 14, 2025–(BUSINESS WIRE)–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.”