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The investment seeks to provide monthly dividends that are excluded from gross income for federal income tax purposes and are exempt from New York State and New York City personal income taxes; it also seeks to protect the value of the investors' investment. The fund normally invests at least 80% of the value of its assets in municipal obligations whose interest payments are excluded from gross income for federal income tax purposes and exempt from New York State and New York City personal income taxes, and not subject to the federal alternative minimum tax on individuals. The average weighted maturity of its portfolio will be between three and twelve years.
Name | Title | Since | Until |
---|---|---|---|
Kevin M. Ellis | Executive Director | 2005 | Now |
Biography | Mr. Ellis, CFA charterholder and Executive Director, is a portfolio manager in the U.S. Fixed Income Group. An employee of JPMIM and/or its affiliates since May 2003, he is responsible for managing separate accounts in the Municipal Bond Group. Previously, Mr. Ellis worked at Alliance Capital/Sanford Bernstein from 1995 through 2003 as a municipal bond trader. Kevin holds a B.S. in business administration from Boston University and is a CFA charterholder | ||
David Sivinski | Executive Director | 2005 | Now |
Biography | David Sivinski, CFA charterholder and Executive Director, has also been as portfolio manager with J.P. Morgan Investment Management. In addition to his role as portfolio manager, Mr. Sivinski coordinates municipal management for a number of high net worth clients that focus principally on single state municipal bonds. He has worked at JPMorgan Investment Advisors, an affiliate of JPMIM since 1992. Previously, he spent seven years as a first vice president with First Security National Bank in Lexington, Kentucky, and 10 years with Bank One in Columbus, Ohio. Sivinski holds the Chartered Financial Analyst designation. | ||
Management Team | - | 2002 | 2005 |
Biography | Team Managed | ||
Pamela Hunter | Portfolio Manager, Managing Director, chief Administrative Officer | 1996 | 2002 |
Biography | Hunter is currently a portfolio manager, managing director, and chief administrative officer at U.S. trust. She joined the company in 2004. Previously, she was senior fixed-income portfolio manager at Chase Asset Management since 1984. Prior to that, she was a portfolio manager and trader with Chase Investors Management Corporation from 1980 to 1984. Hunter is a member of the New York Bond Women's Club. |
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