The Quality Fixed Income strategy seeks attractive current income and long-term preservation of capital through investment across a broad range of bond market sectors.
Diversification is a key aspect of the strategy, as we seek to control exposure to a variety of risk factors, including credit risk, interest rate risk, inflation and deflation.
Bond market sectors represented in the Quality Fixed Income strategy include: national and home-state tax-free municipal bonds (for taxable accounts), US Treasury fixed-rate and inflation-indexed securities, mortgage-backed securities, investment-grade and high-yield corporate bonds, and foreign-currency-denominated bonds. The following chart provides a sample portfolio allocation for illustrative purposes.
