Los Angeles and Atlanta – December 17, 2024
iM Global Partner (iMGP) in collaboration with its Partner Asset Preservation Advisors, specialists in municipal bonds management, is proud to announce the launch of the iMGP APA Enhanced Income Municipal Fund (APAMX). The fund seeks to provide investors with a high level of income exempt from federal income tax, with a secondary investment objective of capital appreciation.
The investment team employs a bottom-up, fundamental credit analysis approach to identify pricing inefficiencies in the municipal bond market. By targeting lower investment grade-rated, higher-yielding municipals, the team emphasizes risk management and relative-value investing to generate competitive risk-adjusted returns.
“As clients and advisors in the U.S. search for new avenues of income, we are thrilled to introduce this new fund, which showcases a customized municipal bond strategy subadvised by our Partner APA,” said Jeff Seeley, Deputy CEO of iMGP and CEO of iM Global Partner Fund Management. “This strategy leverages APA’s experienced investment team and traders that have implemented their 30-year investment process, emphasizing relative-value investing and fundamental credit analysis to deliver competitive returns, making it a truly valuable solution for today’s market environment.”
APAMX will be advised by iM Global Partner Fund Management, with APA serving as the subadvisor. This fund will be available through iM Global Partner Fund Management’s U.S. mutual fund platform, leveraging its robust network and distribution tools to ensure broad market access.
Kevin Woods, Co-CEO and CIO of Asset Preservation Advisors stated “Our team is excited for the launch of the APA Enhanced Income Municipal mutual fund. APA has over 35 years’ experience focusing on active management while finding credit opportunities in the municipal market and we believe this will translate well to the fund.”
To learn more about the fund, please visit www.imgpfunds.com/apamx
About iMGP APA Enhanced Income Municipal Fund (APAMX)
| Ticker | APAMX |
| Asset Class | Muni National Intermediate |
| Advisor | iM Global Partner Fund Management |
| Subadvisor | Asset Preservation Advisors |
| Managers | Kevin Woods Kyle Gerberding Patricia Hodgman |
| Fund Services | State Street Bank |
| Distributor | ALPS Distributors |
| Gross Expense Ratio | 0.75% |
| Net Expense Ratio | 0.59% |
About iM Global Partner
iM Global Partner is an asset manager with a difference. We are a dynamic network of specialist boutique investment managers, delivering best-in-class solutions, across asset classes, to our discerning Institutional and Professional Investors across the globe. We are proud to call these businesses our Partners and they are the essence of what iM Global Partner stands for. We had approximately USD $45 billion of assets under management (including Partner assets proportional to iMGP shareholdings) as September 30, 2024.
For more information, visit imgp.com or follow us on LinkedIn.
About Asset Preservation Advisors
Asset Preservation Advisors (APA) was founded in 1989 and is an independent investment advisor specializing in managing high quality tax-exempt and taxable municipal bond portfolios for registered investment advisors, family wealth offices, financial advisors and institutional clients. Since its founding, Asset Preservation Advisors has been committed to delivering the highest level of quality service and wealth preservation. A consistent investment process and corresponding trading discipline led to APA’s growth in assets under management over the past three decades. APA currently manages $10.7 billion (as of 9/30/24) for clients in 45 states.
For more information, visit https://www.apabonds.com/
Media Contact
Jeff Seeley (Los Angeles)
(323) 238-4518
Roselle Mansur (Los Angeles)
(310) 615-5199
The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and it may be obtained by calling 800-960-0188 or visiting www.imgpfunds.com. Read it carefully before investing.
iM Global Fund Management is ultimately responsible for the performance of the fund due to its responsibility to oversee the fund’s investment manager and recommend its hiring, termination and replacement.
These funds are new and performance information is not available. Once performance is available, it may be obtained by calling 1-800-960-0188 or by visiting imgpfunds.com
Distributed by ALPS Distributors Inc.