Ancora Taxable Intermediate Fixed Income Strategy
- Intermediate Target: Over time, we beleive the intermediate portion of the yield curve (3-10 years) outperforms on a risk adjusted basis with less price and income volatility.
- Core Positions: To ensure proper diversification we construct a foundationally sound and diverse bond portfolio
- Satellite Positions: While liquidity and marketability are desirable characteristics in a fixed income portfolio, opportunities often exist to add value in less actively traded issues and structures for a small segment of the portfolio.
- Price Discovery: While bond market transparency has improved, we believe there is still a significant opportunity to add value through a rigorous price discovery discipline particularly in smaller issues and more complicated bond structures. With over $1 billion in discretionary and non discretionary fixed income advisory assets we are large enough to "shop" our transactions across a wide variety of market makers for the best possible price.
These strategy differentiators combined with our extensive credit and sector analytical background and our willingness to be very hands on when it comes to client service make Ancora's Taxable Intermediate Fixed Income Strategy the right choice for a wide variety of institutions, RIAs and consultants.