Cavanaugh Capital Management Specializing in Active Fixed Income and Passive Equity Investments

Bonds

Assets Under Management

Cavanaugh Capital Management (CCM) has over $1.2 billion in assets under management.

2009 2Q CCM Assets Under Management

A Balanced Approach for Long-term Investors

501 Fairmount Avenue, Suite 300 • Baltimore, MD 21286 • tel 410.769.6124 fax 410.427.4544 • www.cavcap.com

Copies of Form ADV are available upon request. Disclosure Statement