Dean’s fixed income strategy is designed to provide ballast to a client’s portfolio. The primary objective is long-term capital preservation, while attempting to maximize current income. Account structure is customizable depending on the client’s objectives. We attempt to preserve capital in the fixed income segment by managing a portfolio of bonds that typically has an overall credit rating of A or better. Fixed Income holdings typically include a combination of treasuries, agencies, and high quality corporate bonds (when the risk versus reward characteristics are favorable). From our high quality universe, we attempt to match the best available opportunities and maturities to the client’s cash flow needs. We typically hold bonds to maturity unless we have an opportunity to capture abnormal capital appreciation, or significant deterioration in fundamentals call into question a bond’s credit rating (quality).