Passive Strategies
Partnering with Financial Advisors to meet investor needs requires collaboration and flexible investment solutions. That’s why despite our commitment to active management we also offer disciplined tax-exempt and taxable passive bond strategies that draw upon our credit research expertise. Our goal is to provide you with a diversity of high-quality portfolio management options.
Laddered Portfolio Management
Our Municipal and High-Grade Taxable bond ladders seek to preserve capital and provide steady income through a structured, risk-managed investment process.
Defined Parameters That Match Your Objectives
Appleton’s laddered portfolios are designed to be simple, predictable, and tax-efficient because they follow an established, three-pronged approach to passive investing:
Build:
Managing a successful laddered portfolio begins with investments across a range of maturities per strategy guidelines to lock in market yields.
Mature:
Once invested, accounts are typically not traded other than in the event of credit deterioration or a change in cash flow needs. Bonds roll down to maturity over time, providing you with the bond’s yield to maturity.
Replace:
Upon each bond’s maturity, proceeds are reinvested into new bonds at the longest maturity on the ladder, thereby maintaining your portfolio structure.
Proprietary Research and Disciplined Risk Management
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We take pride in managing portfolios that closely align with our clients’ needs. Laddered strategies constructed around specific investor objectives offer a means to do just that.
Greg Lally
Senior Vice President / Fixed Income Portfolio Manager
