The Capital Income strategy leverages our expertise in researching equity and high-yield securities to construct a portfolio emphasizing high current income. The majority of the portfolio is invested in dividend-paying stocks and high-yield credits. Up to 20% can be invested in other corporate income-producing securities such as preferred equities and convertible bonds. While our focus is on income generation, we seek undervalued securities with the potential for price appreciation. Capital Income employs a bottom-up, flexible asset allocation methodology, supplemented by a quantitative asset allocation model.
What to Expect
- A focus on income generation
- 40–60% invested in dividend-paying value equities (40–60 stocks)
- 40–60% invested in high-yield corporate securities (100–125 bond issuers)
- Thoroughly researched ideas vetted by an experienced team of 21 investment analysts
Read more about the capital income strategy
As of 9/30/2015
|Benchmark||BofA Merrill Lynch U.S. Corporate, Government
|Strategy Assets (millions)||$58|
|Number of Stocks||40 – 60|
|Number of Bond Issuers||100 – 125|
|Typical Market Cap Range||>$1 billion (stocks)|
|Status||Open to new investors|
We employ a team approach to investing. As such, our clients benefit from the input and contribution of every member of our 21-person investment team. In addition to our Portfolio Coordinators, our sector teams play an important role in determining the positioning of your investment strategy.