About WITAX
Segall Bryant & Hamill Municipal Opportunities Fund Institutional Class is an open-end municipal bond mutual fund. Its primary objective is to provide income that is exempt from federal income taxes by investing predominantly in U.S. municipal bonds issued by states, cities, and related authorities to finance public projects such as infrastructure, utilities, housing, and education. The portfolio emphasizes investment‑grade securities and typically maintains an intermediate interest‑rate profile consistent with its muni national intermediate category. The strategy commits at least 80% of net assets to municipal bonds and distributes income on a monthly basis, reflecting the underlying cash flows of its diversified holdings. Managed since 2016, the fund targets broad geographic and sector exposure across the municipal market to balance credit and duration risks. It is designed for institutions and other investors seeking federally tax‑exempt income with a structured, research‑driven approach to credit selection and risk management. The fund’s profile includes an institutional expense structure and minimum investment, with reported effective duration in the mid‑single‑year range and a trailing twelve‑month yield aligned with intermediate municipal benchmarks.
Fund Family Segall Bryant & Hamill
Category Muni National Interm
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol WITAX
Share Class -institutional Class
Index Bloomberg 1-15 Y Municipal Blend TR
WITAX had a total return of 3.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.98%.
