Genter Capital's actively managed fixed income
ETFs focus on high quality, income-oriented investments in taxable
and municipal securities
Veteran Portfolio Managers Alex Hall, Brian
Pytlewski, Taylor Rudnick,
and Paul Ryan to Head the
Funds
LOS
ANGELES, May 24, 2024 /PRNewswire/ -- Genter
Capital Management, LLC ("Genter") today announced the listing of
the Genter Capital Taxable Quality Intermediate (NYSE: GENT) and
Genter Capital Municipal Quality Intermediate (NYSE: GENM) ETFs.
The ETFs are the inaugural investor offerings of Genter, the
manager of the funds. Additional information about the manager and
the funds can be found at the newly launched website
GenterFunds.com.
"I am very proud and excited to announce the listing of our
taxable and municipal ETFs," said Dan
Genter, President and Chief Executive Officer of Genter.
"Through GENT and GENM, we aim to provide investors with
cost-effective vehicles and easy access to our actively managed
fixed income strategies. Much like we do on the separately managed
account side, we built the funds around high quality,
income-oriented fixed income securities. The funds are actively
managed and employ our fundamental research and portfolio
management core competencies."
Genter Capital Taxable Quality Intermediate
GENT seeks to generate current income with limited risk to
principal and a secondary objective of capital appreciation. GENT
will take an active approach to investing in U.S. Treasuries,
Treasury Inflation-Protected Securities (TIPS), Floating Rate Notes
(FRN's), U.S. Agency bonds, U.S. Agency mortgage-backed securities,
non-U.S. Government issued debt securities, domestic commercial
mortgage-backed securities, domestic commercial asset backed
securities, and domestic preferred securities. The fund expects to
actively adjust the fund's average maturity and average duration to
meet it's expectations of opportunity for incremental income and
yield.
Genter Capital Municipal Quality Intermediate
GENM seeks current income free from federal income tax with a
secondary objective of capital appreciation. GENM will take an
active approach to investing in investment-grade municipal bonds,
primarily in general obligation and revenue bonds. The fund
currently targets an average portfolio duration of approximately 2
to 4.5 years and an average weighted portfolio maturity of
approximately 3 to 6 years but may invest in securities of any
maturity or duration and may in the future alter it's maturity or
duration target range.
Experienced Portfolio Management
GENT will be managed by Alex
Hall, Senior Vice President, and Taylor Rudnick, First Vice President. Together,
the two portfolio managers have over 50 years of fixed income
investment experience.
GENM will be managed by Brian
Pytlewski, Senior Vice President, and Paul Ryan, Senior Vice President. Together, the
two portfolio managers have over 45 years of fixed income
investment experience.
GenterFunds.com
In support of Genter Capital and the newly launched Genter
Capital Taxable Quality Intermediate and Genter Capital Municipal
Quality Intermediate ETFs, Genter has launched a new website
available at genterfunds.com. The new website provides investors
with access to fact sheets, prospectuses, SAIs, performance data,
and key fund data.
For more information, please visit genterfunds.com.
About Genter
Genter Capital Management, LLC is an asset management firm that
specializes in high quality, income-oriented fixed income and
equity investments. The firm aims to generate long-term value and
returns for investors through funds and separate accounts. As of
March 31, 2024, Genter Capital
Management, LLC's estimated unaudited amount of assets under
advisement was approximately $6.6
billion. For more information about Genter, please visit
www.GenterCapitalManagement.com.
An investor should consider the investment objective,
risks, charges and expenses of the Funds before investing. The
prospectus contains this and other information about the Fund. A
copy of the prospectus is available at www.GenterFunds.com or by
calling Shareholder Services at 1-800-773-3863. The prospectus
should be read carefully before investing. Current and future
holdings are subject to change and risks.
An investment in the Funds is subject to investment risks,
including the possible loss of some or the entire principal amount
invested. There can be no assurance that the Funds will be
successful in meeting their investment objectives. Investments in
the Funds are also subject to the following
risks: Call/Prepayment Risk: During periods of falling
interest rates, an issuer of a callable bond may exercise its right
to pay principal on an obligation earlier than expected. This may
result in the Fund reinvesting proceeds at lower interest rates,
resulting in a decline in the Fund's income. Fixed Income Risk:
When the Fund invests in fixed income securities, the value of your
investment in the Fund will fluctuate with changes in interest
rates. Typically, a rise in interest rates causes a decline in the
value of fixed income securities owned by the Fund.
Investment in the Fund is also subject to the following risks:
Municipal Securities Risk: Municipal securities are subject to the
risk that litigation, legislation or other political events, local
business or economic conditions, credit rating downgrades, or the
bankruptcy of the issuer could have a significant effect on an
issuer's ability to make payments of principal and/or interest or
otherwise affect the value of such securities. Tax Risk: There is
no guarantee that the Fund's income will be exempt from U.S.
federal or state or local income taxes. Alternative Minimum Tax
Risk: Although the Fund seeks to distribute tax-exempt income, a
portion of the Fund's otherwise tax-exempt dividends may be taxable
to those shareholders subject to the federal alternative minimum
tax. Limited History of Operations Risk: The Fund has a limited
history of operations. Accordingly, investors in the Fund bear the
risk that the Fund may not be successful in implementing its
investment strategy, may not employ a successful investment
strategy, or may fail to attract sufficient assets under management
to realize economies of scale, any of which could result in the
Fund being liquidated at any time without shareholder approval and
at a time that may not be favorable for all shareholders. While
shares of the funds are tradable on secondary markets, they may not
readily trade in all market conditions and may trade at significant
discounts in periods of market stress. ETFs trade like stocks, are
subject to investment risks, fluctuate in market value, and may
trade at prices above or below the ETFs net asset value. More
information about these risks can be found in the Funds'
prospectus.
The Genter ETFs are distributed by Capital Investment Group,
Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Suite 200,
Raleigh, NC 27069. There is no
affiliation between Genter Capital Management, LLC, including their
principals, and Capital Investment Group, Inc. RCGEN0524003.
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SOURCE Genter Capital Management, LLC