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Fixed Income

Wilby Securities ("WS") Investment Management has a long-standing track record of managing fixed income strategies for both public and private institutions, as well as high-net-worth families. Our fixed income approach can be summarized in one sentence: We invest in durable credits* with attractive yields. We offer taxable, tax-exempt, and inflation-indexed strategies based on our unique investment philosophy and valuation methodology, aimed at generating attractive long-term returns.

Our investment philosophy is based on the following key insights:

  • Credit valuations in fixed income sectors historically provide compensation beyond default-driven losses.
  • Credit spreads often exhibit higher volatility than warranted by underlying fundamentals, creating an environment for active management.
  • We believe that patient, long-term strategies are essential to achieving leading total returns.

Our strategy focuses on debt issuers across major market sectors, including:

  • Corporate debt
  • Asset-backed securities
  • Commercial mortgage-backed securities
  • Municipal bonds
  • Inflation-indexed securities
  • Federal agencies
  • Agency mortgage-backed securities
  • U.S. Treasuries

Learn more about how we integrate environmental, social, and governance (ESG) considerations into our bottom-up investment approach.

Taxable Fixed Income Strategies

Independent credit study aimed at locating extraordinary value in the fixed income industries

Tax-Exempt Fixed Income Strategy

Bottom-up credit study aimed at identifying significant value in major subsectors of the US municipal bond market

U.S. TIPS Strategy

"Pure Play," an actively managed technique used in an inflation-indexed market

*Obligations such as bonds, notes, loans, leases, and other kinds of indebtedness issued by obligors other than the United States Government and its agencies, excluding Cash and Cash Equivalents, totalled at the level of the ultimate obligor or guarantor of the Obligation.