Fixed Income Securities
Atlas portfolio managers and advisors bring decades of fixed income expertise to the management of your investments. We offer an array of mortgage backed securities, corporate bonds, municipal bonds, CDs, US treasuries and agency bonds, and structured notes tailored to your cash flow and income requirements.
Contact us to discuss your investment goals and how Atlas can define an investment portfolio to meet these goals.
Treasuries include short, medium and long term debt obligations backed by the US Treasury Department. T-Bill have maturities up to 1-year and are considered riskless investments. Treasury notes and bonds include maturities from 1-year up to 30-years and, though likewise backed by the full faith and credit of the US government, carry interest rate risk to investment principal unless held to maturity.
Treasuries
Low Risk
A Certificate of Deposit (CD) is a savings product that earns interest on a lump sum for a fixed period of time. CDs usually have a higher interest rate than savings or money market accounts but need to be held to maturity to avoid either a price discount or penalty fees upon sale prior to maturity. CDs are typically insured by the FDIC on amounts up to $250,000.
CD’s
Government-Sponsored Enterprise (GSE) bonds are issued by corporations that are not quite part of the government but are set up by Congress to work for the common good of the country. These enterprises mostly operate on their own and are publicly held on the major exchanges. GSEs include the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage (Freddie Mac), Federal Farm Credit Banks Funding Corporation, and the Federal Home Loan Bank (FHLB). Though GSEs typically carry a AAA credit rating, the government guarantee that applies to agency bonds does not apply to GSE bonds. For this reason, the yield on these bonds is typically higher than the yield on Treasury bonds. Mortgage-backed securities (MBS) are investment products, similar to bonds, that carry a GSE name and credit rating. Each MBS consists of a bundle of home loans and other real estate debt bought from the banks that issued them. Investors in mortgage-backed securities receive periodic payments similar to bond coupon payments but often with a more frequent payment schedule (monthly payment of principal and interest).
GSE Bonds / Mortgage Backed Securities
Municipal bonds are debt securities issued by local, county, and state governments. They are commonly offered to pay for capital expenditures, including the construction of highways, bridges, or schools. Types of municipal bonds include general obligation and revenue bonds. Municipal bonds are often exempt from most taxes, which makes them attractive to people in higher income tax brackets. They are usually insured by third party insurers, making them typically of a lower credit risk than corporate bonds.
Municipal Bonds
Investment Grade (IG) bonds are high-quality corporate securities that are considered a relatively safe and conservative investment. Investors building balanced portfolios often add corporate and municipal bonds in order to offset riskier investments such as growth stocks. In general, corporate bonds are considered to have a higher risk than U.S. government bonds. As a result, interest rates are almost always higher on corporate bonds, even for companies with top-flight credit quality.
Investment Grade Corporates
Offers a higher rate of interest because the debt is issues by a company with a greater estimated default risk.
High Yield Corporates
Structured Products
Pre-packaged structured finance investment strategy based on a single security, a basket of securities (e.g., a stock sector), indices such as the S&P 500 or Nasdaq 100, commodities, debt issuance or foreign currencies. Structured products offer the opportunity for substantial returns, commensurate with the higher risks associated with these products.
