Taxable Bond Portfolio Management
Taxable Bond Portfolios are structured to provide above average, long-term, risk-adjusted rates of return, while at the same time placing a strong emphasis on the preservation of capital. Portfolios combine the low risk of U.S. Treasury bonds with the higher yield of government agency and investment grade corporate bonds. Furthermore, these portfolios are diversified and customized to meet your income and capital appreciation objectives.
Bond portfolios are structured to meet your specific investment income objectives. The portfolio holdings are comprised of U.S. Treasury, government agency and investment grade corporate bonds with a focus on intermediate maturities. We carefully select bonds based on our analysis of yield curves, maturity, bond type and sector spreads to reduce volatility and generate a high rate of current income and capital appreciation.
Bold holdings may shift toward agencies and corporate issues when the yields from these bonds offer materially higher returns than U.S. Treasuries. We monitor each bond’s financial strength in an effort to anticipate changes in credit ratings. Our analysis of the yield curve identifies maturities that meet our established risk/reward criteria.
As an active bond manager, we select bonds in economic and industry sectors that represent attractive values. We extensively examine government monetary and fiscal policies and analyze the yield curve to identify the best relative values among maturities and types of bond instruments. Our consideration of the yield curve enhances our ability to select bonds that meet our liquidity and quality standards.
We focus on high-quality, intermediate maturity investment-grade corporate bonds exhibiting high relative market liquidity as well as U.S. Treasury and government agency bonds. Our quantitative credit spread analysis enhances our fundamental analysis of each corporation’s underlying business. In addition, we provide our clients access to a broad selection of bonds through our position in the institutional bond marketplace.