“The fund is designed to look for the best opportunities available in the context of a high quality, laddered portfolio. We strive to bring as much income as is consistent with lower volatility and our focus on balancing risk with reward.”
— Jason Brady
Laddering involves building a portfolio of staggered maturities so that a portion will mature each year. Money from maturing bonds provides an organic source of cash flow and is typically reinvested in longer-maturity bonds within the range of the ladder. For this fund, the ladder ranges from zero to 10 years.