The Mutual Advantage

Fixed-Income Specialists
Guiding with Confidence Through All Markets

Learn More

We are committed to serving the institutional marketplace by offering fixed-income investment solutions.

With over $43 billion in assets under management as of September 30, 2026, we are dedicated to creating value through a prudent, thoughtful and rigorous investment decision-making process.

Our Firm & Culture

People pointing at laptop

Our tailored investment strategies incorporate a unified investment philosophy and process across the fixed income risk spectrum.

Experience, Performance and Stability

31 Investment Specialists & Professionals
37 Year Track Record as an Independent Business
$43.5B Assets Under Management
  • $34.6B Insurance
  • $1.2B Pooled Vehicles
  • $7.7B Manager of Managers
As of September 30, 2026

Thought Leadership & Market Insights

High-Yield Credit Looks Expensive… Until You Look at Yields

High-Yield Credit Looks Expensive… Until You Look at Yields

By Jennifer Haaz | November 12, 2026

From 2011 to 2021, the yield and the option-adjusted spread (OAS) over Treasuries of the Bloomberg U.S. Corporate High Yield Index generally moved together, rising during periods of stress such as 2011 and 2020, and falling as markets re…

Read full Article