Investment Management: Fixed Income
Taxable Fixed Income
Beacon Trust’s Taxable Fixed Income process seeks to deliver a high proportion of the return and yield of the broad bond market with reduced risk and volatility. The process emphasizes liquidity, principal preservation, income stability, and portfolio diversification. Taxable fixed income products include taxable defensive duration, taxable intermediate duration, and customized fixed income strategies designed to meet specific client risk profiles.
Portfolios are constructed utilizing a four-step value oriented approach, which involves identifying attractive sector valuations, yield curve management, interest rate risk control, and high quality investment grade securities. This fundamentals-based, bottom-up approach recognizes that income and capital preservation are critical drivers of return over a long term horizon. The investment approach and technical expertise affords a high degree of client customization.
Tax-Exempt Fixed Income
Our Tax-Exempt investment process is a bottom-up, value oriented approach focused on preservation of principal and high current income. We seek to minimize risk and maximize liquidity by emphasizing diversification, high quality and short to intermediate bond maturities. Customization is essential, factoring in a client's state of residence, their tax bracket, state tax rates and availability and pricing of bonds in every state. The investment approach and technical expertise are applied to achieve attractive returns through bull and bear markets.