What We Buy Currently

  • BBB to A-/A3 Rated bonds or better.
  • 8-14 years-to-maturity bonds.
  • 3 1/2% to 4 1/2% current yield.
  • Mostly discounted bonds to Face Value.
  • GO Bonds: States, Districts, Counties.
  • Revenue bonds of Essential Services: Water, Power, and Sewer.
  • Senior Debt.
  • Property Tax Bonds: Loan to Value coverage of 10 times or better rolled back to 2002.
  • Redevelopment Agency Bonds: Debt-to-service coverage at 115% or better rolled back to 2002.

For complete and updated information about our Investment programs and services, please refer to the Firm ADV Part 2A - Firm Brochure: