Company Overview

Formed in 1985, Merganser Capital Management is an SEC-registered investment adviser focused on the fixed income needs of institutional clients.

As fundamental investors, we endeavor to understand the intricacies of fixed income vehicles in order to identify the securities and sectors that provide the most attractive risk/reward characteristics. Succeeding in this endeavor has allowed us to meet the needs and objectives of our clients and gain their trust. Capital preservation, liquidity and total return permeate all of our decisions.

About Us   »



Within each of our strategies we take a customized approach to managing the unique needs of our clients' portfolios.

All Strategies  »

Our Team

Investment Team
Investment Team »

Our investment team is comprised of experienced professionals with deep sector expertise.

Relationship Management
Relationship Management »

Our Relationship Management professionals are focused on serving the needs of our clients.

Operations and Compliance
Operations & Compliance »

Our commitment to risk management and a culture of compliance is fundamental in all of our operations and activities.

Our Team  »


On the first business day of each month, we publish The Merganser Flash, a one page overview of the fixed income markets during the previous month.  In addition, we periodically publish an Investment Memo, a deeper look into a topic impacting fixed income markets and investors.

Investment Memo

"Started From The Bottom, Now We're Here"
Monthly Flash

May 2023
Recent Publications »



99 High Street

Boston, MA


(t): 617.494.1000