FIXED INCOME Chilton Capital Management LP seeks to maximize income for our clients while assuming the least amount of risk. The cornerstone of our investment philosophy is quality. We believe that an unbiased investigation of each fixed income security including an issuer's rating history and financial information is essential to create a risk-averse bond portfolio. We utilize both credit analysis and yield curve placement to determine value. We offer two fixed income strategies: High Quality Tax-Exempt Bond Portfolio and Custom Bond Portfolio. Chilton Capital Management’s High Quality Tax-Exempt Bond Portfolio consists of tax-exempt municipal bonds rated AA or better and non-rated bonds. Our proprietary credit analysis allows for inclusion of non-rated bonds if the issuers: 1) are municipal utility districts or special tax districts that are first or second time issuers, 2) have strong financial resources, 3) are well managed, and 4) have active development within the district. Positions are continuously monitored to track the financial position as well as the rating of each individual security and its issuer. Chilton Capital Management’s Custom Bond Portfolio is tailored to meet the specific needs of a client. Taxable and tax-exempt bonds are used depending on the client’s tax situation, income requirements and risk tolerance. In addition, the portfolios can be constructed and managed to maintain client-defined average maturity or duration targets. The quality of the holdings will be consistent with that of the High Quality Tax-Exempt Bond Portfolio.