Hager Investment Management follows the entire universe of marketable, investment grade fixed income securities including preferred stocks.  The outlook for interest rate trends relative to the existing term structure of rates is the prime driver of fixed income investment strategy.  Portfolios are diversified in terms of maturity, market sectors and corporate industry groups.  Individual security selection emphasizes credit quality, yield spreads and call features. Utilizing Peter Hager’s extensive background in fixed income analysis and security selection, the fixed income asset category is managed with the same high level of intensity as equity investments.