We report an extension of the recently proposed 2nd order dynamic correlation dressed complete active space method [S. Pathak et al., J. Chem. Phys. 147, 234109 (2017)] to incorporate spin-dependent relativistic effects into the Hamiltonian. The result is an effective Hamiltonian that contains the effects of static correlation, dynamic correlation, and relativistic effects on an equal footing. All contributions necessary for the description of magnetic phenomena and electron paramagnetic resonance (EPR) spectroscopy, namely, spin-orbit coupling, magnetic hyperfine coupling, Zeeman interaction, and direct electronic spin-spin coupling, are incorporated. We also suggest a novel analysis of g-matrices and A-matrices based on the singular value decomposition, which can provide not only the magnitude but also the sign of the principal components and allows for a transparent decomposition into different physical contributions. The new method was tested for excitation energies of first-row transition metal ions as well as D-tensors and g-shifts of first-row transition metal complexes using minimal active spaces. It was observed that state-mixing effects are usually small in these cases and that the results are comparable to nondegenerate N-electron valence state perturbation theory (NEVPT2) in conjunction with quasi-degenerate perturbation theory (QDPT). Results on EPR parameters of pseudo-square-planar Cu(ii) complexes show that state-mixing with a ligand-to-metal-charge-transfer configuration greatly improves results compared with NEVPT2/QDPT but also demonstrate that future modifications of the 0th order Hamiltonian or more elaborate electron correlation treatments will be necessary in order to achieve better agreement with the experiment.
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