Fixed Income Strategy

Philosophy
We view investments in suitable fixed income securities as a source of stable growth and income. Our goal is to attempt to create a portfolio of diversified securities to maximize total return while mitigating risk. Focus is placed on capital and principal stability and the generation of tax-efficient current income.

Process
The fixed income investment process is based on a review of individual client objectives, liquidity needs, tax considerations and risk tolerance.

Portfolios are constructed from but not limited to the following fixed income instruments:

Municipal bonds
U.S. Treasuries
Agency bonds
Corporate bonds
Mortgage backed bonds
Convertible bonds
Preferred stocks
Cash equivalents

Overbrook's approach to fixed income investing is not based on short term interest rate cycle fluctuations.