Tax Exempt

High Yield

Boutique asset management firm focused on municipal fixed income investments for long term, risk-adjusted returns.

gstax fund

Our tax-free high-income fund is lead-managed by Troy Willis, J.D, CFA. Troy draws from his decades-long successful track record at the Rochester Funds and is supported by a veteran team of portfolio and credit analysts. The Fund is focused on delivering long-term, yield-driven total return, bottom-up credit analysis in a tax-efficient structure. We focus on building a diversified higher-yielding portfolio built upon under-valued and overlooked sectors of the municipal bond market.

Meet troy Willis, J.D., CFA

Principal Street Partners is pleased to welcome Troy Willis, J.D., CFA as the firm’s Chief Investment Officer of Municipal Bond Strategies and lead Portfolio Manager of our GSTAX fund. Mr. Willis is a leading expert and frequent speaker on the municipal bond market with more than 20 years of market experience.

Our Thinking


Mutual Fund investing involves risk. Principal loss is possible.

Please read and consider the prospectus carefully before investing. To obtain a hardcopy of the prospectus, please call 1.877.914.7343.

Diversification does not assure a profit or protect against a loss in a declining market.

Principal Street Partners is the Investment Advisor to the Principal Street High Income Municipal Bond Mutual Fund, which is distributed by Quasar Distributors, LLC.