Building Efficient Income Portfolios

Investors’ appetites for risk have been waning as a result of changing demographics and increasing market volatility. The authors provide a framework to construct an income-focused portfolio as the demand for reliable current income increases. Income-oriented portfolios are somewhat less diversified than traditional total-return portfolios, but they can expect to generate higher levels of income than total-return portfolios. Click here to read the entire abstract. - Abstract author Paul R. Rossi, CFA