Fixed Income Investments

Our primary goals in managing fixed income investments are generating a suitable level of income and providing stability of principal. These goals lead us to purchase high-quality bonds carrying intermediate maturities. Bonds must be rated “A” or better and usually mature within seven years.

It is our experience that intermediate-term bonds typically garner most of the income of long-term bonds with substantially less price volatility and thus risk. As with our equity fund investments, all bond funds are non-commission (no-load) funds.