Fixed income exposure provides liquidity, capital preservation, and a predictable source of income while lowering overall portfolio volatility.

Objectives address:

• Meeting or exceeding income and liquidity requirements while providing competitive returns

• Maintaining flexibility to meet changing needs
• Monitoring marginal tax rates to benefit from taxable vs. tax exempt income
• Diversifying across market sectors

• Managing a portfolio's volatility based on market conditions

• Taking advantage of market inefficiencies within the client's objectives
• Quality is primary focus
• Positioning along the yield curve to protect against/take advantage of interest rate fluctuations and yield curve slopes