We seek a high and stable rate of current income, consistent with long-term preservation of capital. Our team will utilize a diversified portfolio of primarily investment grade debt securities which may include government obligations, asset backed securities, corporate, and municipal bonds. We may incorporate fixed income alternatives such as preferred or convertible preferreds from top-tier financial institutions to enhance cash flow while maintaining credit quality.

We believe a laddered portfolio of bonds is simple to construct, cost effective, and should provide a competitive return.

When appropriate, low cost ETFs may be used to allocate funds to high yield bonds to add further diversification.