Tax-Aware Blend — Conservative
Target AllocationTax-Aware BlendTax-aware20% Equity / 78% Fixed Income · Tax-Aware Blend implementation · Last reviewed 2026-03-15
AI insights
Generate a briefing on positioning, performance, and risk for Tax-Aware Blend — Conservative.
Track record
Cumulative return · simulated
Jul 2026 Model +4.5% · Benchmark +1.9%
Past performance is not indicative of future results. Figures are simulated for prototype purposes.
Returns vs benchmark
Total return · Municipal Blend Composite
| Period | Model | Bench | Excess |
|---|---|---|---|
| 1M | -0.3% | -0.4% | +0.1% |
| 3M | -0.5% | -0.7% | +0.2% |
| YTD | +1.3% | +1.1% | +0.2% |
| 1Y | +3.4% | +2.9% | +0.5% |
| 3Y | +3.8% | +3.3% | +0.5% |
| 5Y | +0.9% | +0.4% | +0.5% |
| Since inception | +2.3% | +1.8% | +0.5% |
Periods longer than one year are annualized.
About this model
Mandate, construction rules, and review policy
- Objective
- Seeks after-tax total return by pairing municipal fixed income with tax-managed equity exposure.
- Purpose
- Taxable account core
- Characteristics
- Tax-Aware Blend implementationMunicipal fixed income coreConservative risk postureQuarterly rebalance review
- Inception
- 2019-06-01
- Net expense
- 0.27%
- Estimated yield
- 3.18%
- Turnover
- 18.5%
Asset class allocation
Across all sleeves · 8 holdings
- Equity20.0%
- Fixed income78.0%
- Cash2.0%
Computed from the latest published sleeve weights.
Recent materials
Model Viewpoints, Trade Updates, and Factsheets
Factsheet — Tax-Aware Blend — Conservative
Factsheet · 2026-04-15
Trade Update — Tax-Aware Blend — Conservative
Trade Update · 2026-03-14
Model Viewpoint — Tax-Aware Blend — Conservative
Model Viewpoint · 2026-02-13