We construct accounts in light of the current market environment with the goals of providing value and maximizing after-tax total returns through active management strategies.  Our investment strategies have tight credit and diversification controls, with broad duration/maturity guidelines that allow accounts to act when opportunities present themselves.  As a result of these guidelines, the strategies are benchmark aware but not benchmark hugging.

Diversification does not ensure a profit or protect against loss.
¹Inspired by the book “Managing a Family-Fixed Income Portfolio” by Aaron Gurwitz, 2000