Income Strategy

Client Letters


 

​The Income Portfolio is a concentrated, high yield investment strategy. We seek returns through investing into Preferred Stocks, Real Estate Investment Trusts (REITs), Master Limited Partnerships (MLPs), and Business Development Companies (BDCs). This unique strategy was created for clients desiring less volatility than the stock market, but seeking higher returns than bonds.

  • Goal: Long-term capital appreciation above that of our benchmark indexes
  • Benchmark: iShares Preferred Stock ETF (PFF) and Vanguard REIT ETF (VNQ)
  • Concentration: 20-30 securities
  • Management Fee: 1.00%
  • Performance Fee: None
  • Lock-up Period: None
  • Minimum initial investment: $100K

Saga Partners is an independent firm and is not affiliated with a broker-dealer. We do not maintain custody of our clients’ separately managed account assets. TD Ameritrade provides brokerage services related to Saga Partners clients.​

Client service is a key focus for our firm. Monthly account statements are provided by TD Ameritrade. On a quarterly a basis, we distribute an investment review which provides commentary from the portfolio managers regarding the strategy’s performance and outlook. Our team is always available to answer questions, address concerns, coordinate meetings and provide account updates.