Winthrop Awarded Q SMA

Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies.

Carmel, Indiana – June 11, 2025 – Winthrop Capital Management (WCM) announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

“Q1 2025 presented a fascinating market narrative marked by significant rotation and global shifts. Success demanded adaptability, deep market understanding, and strategic positioning,” says PSN Product Manager Nick Williams. “PSN Top Guns managers demonstrated exceptional skill in navigating these complex dynamics, where value sectors outperformed growth, international markets showed strength, and policy shifts created both challenges and opportunities. Their expertise in reading and responding to these evolving market conditions continues to showcase the enduring value of active management in separately managed accounts.”

Through a combination PSN’s proprietary performance screens, the PSN Top Guns awards products in six proprietary categories in over 75 universes based on continued performance over time.

Winthrop achieved PSN Top Guns status for the following SMA strategies for 1Q 2025.

Tactical Fixed Income

WCM’s Tactical Fixed Income strategy had a gross return of 6.29% in the one-year period ending March 31, 2025, relative to the benchmark of U.S. Treasury Bills: 1-3 Months which had a return of 5.03% during the same time. By tactically allocating across a broad range of fixed income sectors, this strategy attempts to earn a high-income oriented return with a moderate level of risk.

• 3-Year Category – Tactical Fixed Income had one of the top ten returns for the three-year period ending March 31, 2025, in its respective universe.

WCM’s Ultra-Short Fixed Income strategy had a gross return of 5.81% in the one-year period ending March 31, 2025, relative to the Bloomberg Short-term Government/ Corporate which had a return of 5.24% during the same time. The strategy is designed to provide liquidity and principal preservation, but with more emphasis on seeking returns that are superior to traditional money market offerings.

• 3-Month Category – Ultra-Short Fixed Income had one of the top ten returns for the three-month period ending March 31, 2025, in its respective universe.

WCM’s Intermediate Fixed Income strategy had a gross return of 5.85% in the one-year period ending March 31, 2025, relative to the Bloomberg 1-5 Year Government/ Credit which had a return of 5.71% during the same time. WCM invests in all major investment grade sectors of the bond market including U.S. government securities, corporate bonds, municipal bonds, mortgage-backed securities and other securities.

• 5 Star Category – Intermediate Fixed Income had an r-squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, the strategy’s returns exceeded the style benchmark for the three latest three-year rolling periods. Products are then selected which have a standard deviation for the five-year period equal or less than the median standard deviation for the peer group.
  
  It had top ten returns for the latest three-year period.

WCM’s Intermediate Aggregate Fixed Income strategy had a gross return of 5.70% in the one-year period ending March 31, 2025, relative to the Bloomberg Intermediate U.S. Aggregate which had a return of 5.58% during the same time. This strategy seeks to outperform the benchmark by focusing on investments in high quality securities, managing portfolio risk, and maintaining a controlled duration discipline.

WCM invests in investment grade corporate bonds, municipal bonds, asset-backed securities, mortgage-backed securities, and high yield bonds.

• 4-Star, 5-Star, & 6-Star Categories – had an r-squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, the strategy’s returns exceeded the style benchmark…