Only investment grade securities are utilized. Portfolios are actively managed to take advantage of inefficiencies inherent to the bond markets. Interest rate anticipation is not part of our investment strategy. Issue selection and sector rotation are the primary sources of value added. Issue selection is based on fundamental credit research.
Sector rotation based on relative valuations is employed.
However, prudent diversification across market sectors is strictly followed. All information contained herein is for informational purposes only and should not be construed as investment advice. It does not constitute an offer, solicitation or recommendation to purchase any security or investment advisory services nor shall any such security or investment service be offered or sold to any person in any jurisdiction in which offer, solicitation, recommendation, purchase or sale would be unlawful under the securities laws of such jurisdiction. This Web site is intended for citizens and residents of the United States only. Click here for important legal notices regarding this Web site.