Our objective is to help you meet your long-term goals by preserving your wealth while providing market-appropriate capital appreciation, liquidity and income.
How the power of Fixed Income investments works within your portfolio
Our Approach
A robust team of investment professionals totally dedicated to fixed income working collaboratively to deliver cost-effective and risk-managed solutions backed by their comprehensive, real-time insights into rate, credit and securitized product markets.
Our team of fixed income professionals manage portfolios that adhere to your time horizon, risk tolerance, governing state for taxes and need for income, liquidity and capital preservation. They systematically monitor portfolio risk and return against benchmarks and market volatility and adjust allocations and investments accordingly.
Core actively managed strategies implemented as separately managed accounts include:
- Taxable: Short, Intermediate, Aggregate Bond, Corporate Laddered
- Tax-exempt: Short, Intermediate, Full Municipal, Municipal Laddered
- Crossover (combining taxable and tax-exempt): Short, Intermediate, Full Curve
- Liquidity Solution (taxable or tax-exempt): Liquidity Focus, Cash Focus, Ultra Short, Bond
- Common Trust Funds (taxable, tax-exempt, crossover, state-specific)
Fully customized solutions include State-specific Tax-exempt, Opportunistic, Socially Innovative, Liquidity, Sovereign and High Yield strategies.
Services
Related Solutions
Risk management and due diligence processes seek to mitigate, but cannot eliminate risk, nor do they imply low risk.
Investing in fixed-income securities may involve certain risks, including the credit quality of individual issuers, possible prepayments, market or economic developments and yields and share price fluctuations due to changes in interest rates. When interest rates go up, bond prices typically drop, and vice versa. Municipal securities can be significantly affected by political changes as well as uncertainties in the municipal market related to taxation, legislative changes, or the rights of municipal security holders. Income from investing in municipal bonds is generally exempt from Federal and state taxes for residents of the issuing state. While the interest income is tax-exempt, any capital gains distributed are taxable to the investor. Income for some investors may be subject to the Federal Alternative Minimum Tax.
Investments in high-yield bonds (sometimes referred to as “junk bonds”) offer the potential for high current income and attractive total return, but involves certain risks. Changes in economic conditions or other circumstances may adversely affect a junk bond issuer’s ability to make principal and interest payments. Bond portfolio laddering does not reduce market risk, and the principal and yield of investment securities will fluctuate with changes in market conditions.
Impact investing and/or Environmental, Social and Governance (ESG) managers may take into consideration factors beyond traditional financial information to select securities, which could result in relative investment performance deviating from other strategies or broad market benchmarks, depending on whether such sectors or investments are in or out of favor in the market. Further, ESG strategies may rely on certain values based criteria to eliminate exposures found in similar strategies or broad market benchmarks, which could also result in relative investment performance deviating.