beyond bonds

Why looking at other income-producing components of a company’s capital structure may provide and the multi-income solutions investors are seeking for long-term results.

dynamic sources of income

If you are like most “fixed income” investors, your income needs aren’t fixed at all. To meet your goals, you strive to steadily grow your income while preserving your hard-earned capital during periods of volatility.

Strategic Income Portfolio, Equity Income, and Vertical Income Portfolio seek to provide consistent, stable sources of income. Discover which one may fit your income goals and risk tolerance.

steady income and consistent growth

The Strategic Income Portfolio (SIP) strives to earn stable income and provide consistent growth through a dynamic mix of dividend-paying stocks, bonds and cash. For investors nearing retirement with moderately low risk tolerance, SIP may be a wise choice.

Income growth, conservative market participation

The Equity Income strategy seeks consistent income growth with conservative market participation for those with moderate risk tolerance. Our investment team seeks out high-quality, financially strong companies that pay above-market dividends and, importantly, generate the free cash flow to increase those dividends over time.

generating income now

The Vertical Income Portfolio (VIP) may be ideal for investors in or nearing retirement with a low risk tolerance whose focus is on generating income now. The portfolio seeks higher yield than traditional blended portfolios or fixed income vehicles with lower volatility and equity risk during a challenging market. This strategy is available only at select firms.

Call us at 1-800-237-3101 to chart your course for income.

Risk Considerations

There is no guarantee that the investment goals/objectives will be met.

The risks associated with Equity Income investing are based upon the identification of companies that possess both moderate growth rates as well as higher-than-average and consistent dividend distributions. Historically, dividend yields have been relatively constant and therefore have created a cushion for investors when stock prices have declined. However, there is the risk that a company will not achieve its expected earnings results, or that an unexpected change in the market or within the company will occur, both of which may adversely affect investment results. The biggest risk of investing is that returns can fluctuate and investors can lose money.

There are risks associated with dividend investing, including that dividend-issuing companies may choose not to pay a dividend, may not have the ability to pay, or the dividend may be less than what is anticipated. Dividend-issuing companies are subject to interest rate risk and high dividends can sometimes signal that a company is in distress.

The risks associated with International investing are based on the expectation of positive price performance due to continued earnings growth or anticipated changes in the market or within the company itself. However, if a company fails to meet that expectation or anticipated changes do not occur, its stock price may decline. Moreover, as with all equity investing, there is the risk that an unexpected change in the market or within the company itself may have an adverse effect on its stock. Investing in growth-oriented stocks involves potentially higher volatility and risk than investing in income-generating stocks. The biggest risk of equity investing is that returns can fluctuate and investors can lose money.

Not every investment opportunity will meet all of the stringent investment criteria mentioned to the same degree. Trade-offs must be made, which is where experience and judgment play a key role. Accounts are invested at the discretion of the portfolio manager(s) and may take up to 60 days to become fully invested.

The product described is a separately managed account with fixed-income components and is subject to interest-rate risk, inflation-rate risk and may experience a loss of principal. Other products may be more appropriate, depending on your investment needs. As with all investing, there is the risk that an unexpected change in the market or within the company itself may have an adverse effect.

Past performance does not guarantee or indicate future results. No inference should be drawn by present or prospective clients that managed accounts will achieve similar performance in the future. Investment in a portfolio, investment manager or security should not be based on past performance alone. Because accounts are individually managed, returns for separate accounts may be higher or lower than the average performance stated. Individual portfolio/performance results may vary due to market conditions, trading costs and certain other factors, which may be unique to each account. There is no guarantee that these investment strategies will work under all market conditions, and each investor should evaluate their ability to invest for the long term, especially during periods of downturn in the market. Investing in equities may result in a loss of capital. Investing involves risk and you may incur a profit or a loss. Investment returns and principal value will fluctuate so that an investor’s portfolio, when redeemed, may be worth more or less than their original cost. Diversification does not ensure a profit or guarantee against a loss.

E21-1297 Exp. 3/15/2023