Systematic Tax-Loss Harvesting in Laddered Bond Portfolios

Systematic TLH helps laddered bond investors improve their portfolios’ after-tax performance, especially in today’s rapidly changing market.

No Performance Penance Needed: Catholic Values and Passive Equity Investing

Catholic investors don’t need to choose between their values, portfolio performance, and tax management; through both screens and active ownership, they can have it all.

Using Tax Alpha to Measure Tax Efficiency

Most tax efficiency metrics only indicate an investor’s potential tax experience—not what their experience actually is. We explain how to get a better view.

Investing Abroad: Weighing the Decision Between Foreign Ordinaries and ADRs

Investors have two ways to diversify their portfolios with international equities. We look at the pros and cons of both.

Benchmarking After-Tax Performance

Taxable investors are right to be concerned with measuring performance on an after-tax basis. However, to put after-tax performance in perspective requires a benchmark, just as pre-tax performance measurement does. Yet, unlike pre-tax performance, after-tax performance is unique to each investor’s tax situation and asset flow patterns.