Daniel Schniedwind is responsible for managing the firm's tax-exempt, taxable and high yield fixed income strategies. Prior to joining the firm, Mr. Schniedwind was a Senior Credit Analyst at Denver Investments for 5 years. Mr. Schniedwind started his career as a Credit Analyst/Portfolio Assistant at AMI Asset Management. He earned a Masters of Science degree in Finance from Indiana University and a Bachelors of Arts degree in Economics from Whittier College. Mr. Schniedwind rejoined the firm in 2019.
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After closing at a record high yesterday, the Standard & Poor's 500 stock index dropped about seven-tenths of 1% today. The index returned 5.2% in April -- more than five times the monthly gain stocks averaged for nine decades.