Click to watch George discuss Market Volatility.

Our Fixed Income strategy seeks to provide principal protection and income.  We manage for total return, which includes yield to maturity and capital appreciation.  Investments are concentrated in investment grade corporate bonds and U.S. government and agency bonds. We do not utilize aggressive strategies, such as leverage, or invest in high-yield (or ‘junk’) bonds or mortgage-backed securities.

Fixed income holdings are supplemented by select blue-chip dividend-paying stocks.  These securities provide additional income and capital appreciation potential without significantly increasing risk.  More importantly, equity holdings can provide stability by acting as a counterbalance to price movements in the fixed income markets.

We adjust each portfolio’s maturity structure based on our interest rate outlook. When interest rates rise, we concentrate in shorter-term bonds to protect principal; when interest rates have peaked, we reposition to longer-term bonds for income and capital appreciation.

This strategy is best suited for short to intermediate-term investors who seek income with limited volatility.

Investing in securities involves risk of loss that clients should be prepared to bear. Click here for a description of specific risks related to our investment strategies.