This strategy seeks high current income. With security selection in the income segment, PVG strives to generate an annual distributable income of 7% to 10%.
The Income Focused Strategy is suitable for high income oriented investors, who also seek appreciation, and who are comfortable with substantial stock or bond market risks. This product is a focused long only strategy utilizing multiple income sectors of the market including: REITs, BDC’s, MLP (ETF’s), Utilities, Global Telecom, and Preferred Stock (ETF’S).
PVG reduces undiversifiable market volatility and risk by security selection. Portfolios can move to cash in unfavorable market conditions.
Individual security risk is also managed by PVG. While PVG extensively researches all securities included in the portfolio, changing fundamental and market conditions, periodically requires the sale and replacement of portfolio securities. Others are sold if they rise to excessive valuations.