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 client-focused services.

These solutions are accessible through separate accounts, sub-advisory relationships and various commingled vehicles.

With over $42 billion in assets under management as of October 31, 2025, 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

28 Investment Specialists & Professionals
36 Year Track Record as an Independent Business
$42.1B Assets Under Management
  • $32.3B Insurance
  • $1.6B Separately Managed Accounts and Pooled Vehicles
  • $8.2B Manager of Managers
As of October 31, 2025

Thought Leadership & Market Insights

Can the Trump Administration Help Lower Mortgage Rates to Improve Housing Affordability?

Can the Trump Administration Help Lower Mortgage Rates to Improve Housing Affordability?

By John Swarr | December 4, 2025

After focusing its efforts on trade negotiations in the first half of 2025, the Trump Administration has recently increased its attention on the issue of affordable housing in the U.S. The Administration floated the idea in September tha…

Read full Article