Fixed Income Strategies

Overview

Leveraging our deep investment management expertise, Ironwood offers fixed income strategies in a separate account framework. Ironwood’s fixed income process is designed to meet client objectives of preservation of capital and income generation while avoiding permanent capital impairment.

Ironwood Preferred Securities

This strategy seeks to produce a relatively high level of income and total return by lending capital to high quality businesses through their preferred securities. This is accomplished by identifying superior firms that are best in class operators through proprietary quantitative and qualitative factors.  Large and/or floating coupons, call features, and institutional securities are used to control for duration. The strategy results in a focused group of securities issued by exceptional businesses that provide high income and defensive interest rate structures.

Ironwood Municipal Bond

This strategy seeks to produce tax exempt income by lending capital to high quality issuers through their municipal bond offerings. This is accomplished by identifying superior municipalities through proprietary quantitative and qualitative factors. These issuers exhibit a strong and durable ability to meet debt service requirements.  Large coupons and call features are used to control for duration. The strategy results in a focused group of bonds issued by exceptional municipal borrowers providing tax exempt income and defensive interest rate structures.

Ironwood Taxable Bond

This strategy seeks to produce high income by lending capital to high quality issuers through their taxable municipal and corporate bond offerings. This is accomplished by identifying superior firms and municipalities through proprietary quantitative and qualitative factors. These issuers exhibit a strong and durable ability to meet debt service requirements. Large coupons and call features are used to control for duration. The strategy results in a focused group of bonds issued by exceptional corporate and municipal borrowers providing high income and defensive interest rate structures.

Fixed Income Team

Brandon Brooks, CFA

Matthew Carter, CFA, CPA

Jeffrey Shiffra, CFA, CPA

Performance Request

To request strategy composite performance, metrics, and details, please contact Brandon Brooks or Jeffrey Shiffra.