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

Carmel, Indiana – March 16, 2026 – Winthrop Capital Management 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 Q4 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

“This recognition reflects the strength of our disciplined investment process and the dedication of our investment team,” said Chief Investment Officer Adam Coons. “We are grateful for the continued trust and confidence our clients place in us. That partnership allows us to remain focused on thoughtful portfolio construction, careful risk management, and consistent execution on their behalf.”

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.

Large Cap Blend

The Winthrop Capital Management Large Cap Blend Equity strategy returned 23.03% (gross-of-fees) over the trailing 12-months, relative to the S&P 500 Index which had a return of 17.88% during the same period. The Large Cap Blend Equity strategy seeks to outperform the S&P 500 Index by investing in mid- and large-cap companies generating excess free cash flow and trading below our estimate of intrinsic value. Our relative value discipline evaluates risk and reward across a company’s capital structure, allocating capital where we see the most compelling opportunity.

• 3-Year Category – Large Cap Blend Equity had one of the Top Ten returns for the three-year period ending December 31, 2025, in its respective universe

Focused Growth

The Winthrop Capital Management Focused Growth Equity strategy returned 24.09% (gross-of-fees) over the trailing 12-months, relative to the S&P 500 Index which had a return of 17.88% during the same period. The Focused Growth Equity strategy seeks to outperform the S&P 500 Index through a concentrated portfolio of our highest-conviction ideas across mid- and large-cap companies demonstrating above-average revenue and earnings growth, strong performance momentum, and sustainable business models.

• 1-Quarter Category– Focused Growth Equity had one of the Top Ten returns for the one-quarter period ending December 31, 2025, in its respective universe.

Ultra-Short Fixed Income w/Equity

The Winthrop Capital Management Ultra-Short Fixed Income w/Equity strategy returned 7.33% (gross-of-fees) over the trailing 12-months, relative to the Bloomberg 1-5 Year Government/ Credit which had a return of 4.46% during the same period. This strategy invests in investment grade corporate bonds, municipal bonds, asset-backed securities, mortgage-backed securities, high yield bonds, and equity securities.

• 1-Quarter, 1-Year, & 3-Year Categories – Ultra-Short Fixed Income w/Equity had one of the Top Ten returns for the one-quarter, one-year, and three-year period ending December 31, 2025, in its respective universe.

Ultra-Short Fixed Income

The Winthrop Capital Management Ultra-Short Fixed Income strategy returned 5.94% (gross-of-fees) over the trailing 12-months, relative to the Bloomberg Short-term Government/ Corporate which had a return of 4.46% during the same period. 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.

• 1-Quarter, 1-Year, & 3-Year Categories – Ultra-Short Fixed Income had one of the Top Ten returns for the one-quarter, one-year, and three-year period ending December 31, 2025, in its respective universe.

Intermediate Aggregate Fixed Income

The Winthrop Capital Management Intermediate Aggregate Fixed Income strategy returned 7.30% (gross-of-fees) over the trailing 12-months. This strategy seeks to outperform the Bloomberg Intermediate U.S. Aggregate by focusing on investments in high-quality securities, managing portfolio risk, and maintaining a controlled duration discipline. The strategy invests in investment-grade corporate bonds, municipal bonds, asset-backed securities, mortgage-backed securities, and high yield bonds.

• 4-Star & 5-Star Categories – Intermediate Aggregate 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. The Top Ten returns for the latest three-year period then become the 5 Star Top Guns.

Corporate Bond Ladder 1-15 Years

The Winthrop Capital Management Corporate Bond Ladder 1-15 Year strategy seeks to deliver income opportunities while preserving capital and reducing interest rate risk by investing in laddered corporate bonds and maintaining a controlled duration discipline. The strategy invests in a diversified portfolio of credit monitored investment-grade corporate securities with equally weighted maturities across varying time frames.

• 1-Year & 4 Star Category – Corporate Bond Ladder 1-15 Years had one of the Top Ten returns for the one-year period ending December 31, 2025, in its respective universe. The strategy also had an r-squared of 0.80 or greater relative to the style benchmark for the recent five-year period and the returns exceeded the style benchmark for the three latest three-year rolling periods.

Municipal Bonds Fixed Income

The Winthrop Capital Management Municipal Bonds Fixed Income strategy had a gross return of 6.35% (gross-of-fees) over the trailing 12-months, relative to the Bloomberg Municipal Bond Index which had a return of 4.25% during the same period. This strategy invests in all major investment grade sectors of the municipal bond market including general obligation, revenue, special purpose bonds, and tax increment financing bonds.

• 1-Quarter Category – Municipal Bonds Fixed Income had one of the Top Ten returns for the three-month period ending December 31, 2025, in its respective universe.

About Winthrop Capital Management

Founded in 2007, Winthrop Capital Management is an SEC-registered investment advisor specializing in fixed income, equity, and insurance portfolio management. We partner with institutions, insurance companies, investment consultants, and financial advisors to deliver strategies tailored to each client’s unique objectives.

With over $4.1 billion in assets under management, we have extensive experience serving Taft-Hartley plans, public funds, corporations, foundations, endowments, insurance companies, captive insurance entities, religious institutions, other non-profits, and select high-net-worth investors.

For more information on our various products and services, and how we can tailor them to align with your investment objectives, please contact a member of our client service and sales team at 317.663.7500 or visit our website at www.winthropcm.com

About PSN

For more than four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of over 40 Years of Data Including Net and Gross-of-Fee Returns. PSN Mid-Year Outlook provides insight and trends about the SMA industry. You can view online here.

Visit PSN online to learn more.