CORE INCOME STRATEGY
INCOME ORIENTED
This program combines aspects of a traditionally managed laddered portfolio with active management. Client accounts will be invested with the majority of the portfolio constructed to maximize tax exempt income on both the Federal as well as the State and local level. Securities held in this portfolio are included but are not limited to higher coupon with short call features known as "kicker" or "cushion" bonds. These bonds provide additional yield to the investor but trade at a significant premiums above par ($100). Client portfolios are also traded when available to maximize tax efficiency by harvesting tax losses that can be utilized to offset capital gains.
This data is based upon the composite average annual returns since the 1/1/2022 strategy inception date. Past performance is not a guarantee of future results.
Results listed are as of 7/31/22 and are net of fees.
The S&P National AMT-Free Municipal Bond Index
measures the performance of investment-grade municipal bonds that are exempt from U.S. federal income tax and the Alternative Minimum Tax (AMT). Constituents of the index are derived from the S&P Municipal Bond Index.
AH Williams portfolios have the ability to invest in AMT bonds as well as taxable municipal securities.
AH Williams Core portfolio was introduced in January to accommodate and compliment Northstar Financial Companies clients and others seeking a more traditional non levered portfolio.
Click Here for important disclosure information