With a focus on capital preservation, Greenwood Capital uses a total return, active approach to fixed income investing. Fixed income investors are generally interested in achieving a return on their assets in excess of inflation, but without taking the risk associated with equity investing. Our objective is to maximize the total return for the portfolio within the confines of using high quality assets consisting of investment grade corporate bonds, U.S. government and agency bonds and, where appropriate, tax-free municipal bonds.

Greenwood Capital's analysis of the economic outlook, in relation to interest rates and the growth of the economy, helps determine the types, as well as the maturity range, of fixed income securities included in the portfolio of the client. While we may shorten and lengthen the maturity of a fixed income portfolio to take advantage of the interest rate cycle, we concentrate our holdings in an intermediate maturity range. The allocation among corporate, Treasury and government agency securities is influenced by the economic cycle, yield curve characteristics and the client's unique objectives and constraints.

Through a combination of experience, extensive research, and analysis of the marketplace, we seek to capitalize on the trends in the market and enhance the total returns of our fixed income clients.