Bond Portfolios

A Lad­dered Bond Port­fo­lio is intended to pro­vide sta­ble income. A lad­dered bond port­fo­lio matches bond matu­ri­ties and risk char­ac­ter­is­tics with client liq­uid­ity needs. For exam­ple, in the con­text of a retire­ment port­fo­lio, ten bonds are selected with one bond matur­ing in each of the next ten years. All ten bonds are earn­ing income, which is used to pur­chase a bond matur­ing in the eleventh year, so as to per­pet­u­ally assure ten years of future income with­out con­cern of equity mar­ket volatil­ity. Each port­fo­lio is designed and matched to client objectives.