RVP’s Durable Income Strategy is designed for individuals or institutions who are looking for a high current income for a portion of their portfolio. Since 2014, RVP’s Durable Income strategy has helped our clients achieve income, especially in the era of lower rates. Durable Income invests in exchange traded, income oriented securities with the underlying goal of generating above market income while avoiding permanent asset impairment.
“We continue to believe that Durable income is a compelling long-term story given its diversified portfolio of well-structured entities trading at a discount to book value with the overwhelming majority of the portfolio’s underlying assets holding a par claim”, states Senior Portfolio Manager, Doug Crimmins. “It is our belief that over time, well underwritten assets with good capital structures, purchased at a discount, earning substantial positive carry, will generate attractive long term, risk adjusted returns.”
Relative Value Partners merged with Kovitz Investment Group Partners, LLC as of August 2024. All Insights are opinions of the author as of the posting date. Any graphs, data, or information in this publication are considered reliably sourced, but no representation is made that it is accurate or complete, and should not be relied upon as such. This information is subject to change without notice at any time, based on market and other conditions. Past performance is not indicative of future results, which may vary.