Strategy overview
Balanced Income
A Diversified Fixed Income Strategy Blending Core Bonds with Private Credit
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Overview
Investor Profile
A diversified, multi-asset strategy for investors seeking high income without stepping too far out on the risk curve.
Strategy
The strategy blends investment-grade credit with select allocations to senior secured loans, private direct lending, and high-yield exposure across nine distinct asset classes — designed for enhanced income potential while keeping the large majority of the portfolio on a daily-liquid basis.
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composition
Senior Secured Leveraged Loans
Floating-rate exposure with a senior claim on collateral.
20%
Private Credit / Direct Lending
Enhanced income potential from directly originated loans.
15%
BB-Rated High Yield Bonds
Modest step into high yield for additional income.
15%
IG CLO Debt, AAA-AA tranches
Investment-grade structured credit adds incremental yield.
10%
Preferred Securities
Hybrid income exposure across financial issuers.
10%
IG Asset-Backed Securities
High-quality, AA-rated asset-backed debt adds diversified income.
10%
Dividend-Focused Equity income sleeve
Equity income complements the fixed income core.
10%
IG Corporate Bonds
Intermediate investment-grade corporate credit adds quality ballast.
Agency MBS
Government-agency backed mortgage exposure for diversified income.
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key considerations
01 Interest Rate Sensitivity
Roughly half the portfolio is floating-rate, which limits interest-rate sensitivity.
02 Liquidity
The private credit sleeve (15%) trades monthly rather than daily and can carry redemption gates in stressed markets; the remaining 85% is daily liquid.
03 Diversification
No single asset class exceeds 20% of the portfolio.
Investors should consider the strategy’s investment objectives, risks, and fees before investing. All investments involve risk, including possible loss of principal. Target asset class weights are subject to change over time based on market conditions and portfolio management discretion. Past performance is not indicative of future results. Certain holdings carry limited liquidity; redemptions may not be available on a daily basis for all asset classes. This information is for informational and illustrative purposes only and is not investment advice, a solicitation, or an offer to buy or sell any security.
Ask us for the fact sheet.
