CORE INCOME PRODUCT
INCOME FOCUSED
1.25% ANNUALIZED FROM
11/3/21
The above data is based upon the average annual returns since 12/31/12. Past performance is not a guarantee of future results. Results listed are as of
6/30/25.
Results are based on data produced using outsourced portfolio management software that is fed directly by the clearing bank.
The above data is based upon the composite average annual returns since 11/3/21 net of fees. Past performance is not a guarantee of future results. The results listed are as of
6/30/25.
AHW Core Portfolios seek to maximize income exempt from federal and state taxation while focused on capital preservation. Core employs AHW’s actively managed barbell strategy wherein premium coupon bonds that mature between fifteen to thirty years generate requisite income yet still possess defensive characteristics that cushion against rising interest rate environments. Core premium coupon bonds are complemented by a modest short-term cash or cash-equivalent component.
Active yield curve and relative value analysis determines which bonds are purchased in contrast to passive laddered alternatives. Portfolio manager oversight allows for swapping to improve portfolio characteristics, as appropriate. Portfolio managers will harvest tax losses and re-invest proceeds to generate additional income. Modified durations will range from 6 to 9 years while portfolios possess an average AA rating to facilitate liquidity. Core portfolios can utilize bonds that are subject to the AMT preference tax as well as taxable municipal securities.
The Core Product initiated in late 2021 to accommodate specific client demand.
The Bloomberg Municipal Index measures the performance of the Bloomberg U.S. Municipal bond market, which covers the USD- denominated Long-Term tax-exempt bond market with four main sectors: state and local general obligation bonds, revenue bonds, insured bonds, and pre-refunded bonds.
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