Fixed Income Investing
Our emphasis in fixed income investing is credit quality, which involves studious and discerning credit analysis. Only investment grade bonds are purchased, and the same rigorous credit standards are applied to both dedicated income portfolios and balanced portfolios.
The objective of Equitable Trust’s fixed income investing is to produce superior after-tax returns without assuming undue risk relative to the objective of the account. For income-oriented individual accounts, tax-exempt municipal bonds can be a major component of the investment strategy, and at Equitable Trust the municipal bond market is an area of long-standing specialization. By being alert to market inefficiencies, particularly in the market for bonds of Tennessee issuers, our portfolio managers can secure highly competitive after-tax yields for clients.
Separately managed portfolios of individually selected bonds afford maximum flexibility for arranging maturities to meet specific account objectives, monitoring credit quality of each bond held and managing advantageous tax-related transactions.