Core Municipal Strategy Profile 1Q25

The Sage Core Plus Municipal ETF Strategy seeks to provide broad market diversification, excess yield and consistent risk-adjusted investment returns relative to the Bloomberg Municipal Bond Index. It is an actively managed strategy that primarily invests in investment grade municipal ETFs for safety of principal and liquidity. To enhance tax-exempt generation the strategy may selectively invest between 0-30% of assets in lower-quality municipal ETFs (also referred to as high-yield debt or junk bonds).