Enhanced Income Core

Our Enhanced Income Core strategy seeks to provide a high level of current income, with capital appreciation as a secondary objective while enhancing diversification and reducing risk by employing a series of proprietary rankings and filters. Also available in a tax-advantaged version.

Strategy Goals

The Parametric Enhanced Income Core strategy is a separate account offering consisting of a diversified portfolio of closed-end funds and ETFs. The objective of the strategy is to provide a high level of current income, with capital appreciation as a secondary objective. The strategy seeks to enhance diversification and reduce risk by employing a series of proprietary rankings and filters. A tax-advantaged version, which utilizes municipal bonds and tax-managed equities, is available for taxable investors.

Investment Philosophy

Diversification

Diversifying risks by asset class, security and fund manager may help to improve income stability.
Maintaining broad exposure across asset classes helps to create opportunities to exploit evolving sentiment in the CEF market.

Selection

Filtering helps to generate a sensible investable universe, omitting the most concentrated, leveraged, illiquid and unseasoned funds.
Systematic ranking of CEFs produces a consistent framework for selecting funds most aligned with the income mandate.

Execution

Liquidity-aware allocations and sensitivity to turnover limit implementation slippage.
Liquidity focused in-house trading team seeks to minimize trading impact.

Enhanced Income Core is offered by Parametric Investment & Overlay Strategies. For additional information please visit the Disclosure page.

Connect with our team on this strategy

Investment advisory services offered through Parametric Portfolio Associates^® LLC ("Parametric"), an investment advisor registered with the US Securities and Exchange Commission (CRD #114310). Parametric is also registered as a portfolio manager with the securities regulatory authorities in certain provinces of Canada (National Registration Database No. 42850) with regard to specific products and strategies. Parametric provides advisory services directly to institutional investors and indirectly to individual investors through financial intermediaries. The information on this website does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Investing entails risks, and there can be no assurance that Parametric (and its affiliates) will achieve profits or avoid incurring losses. All investments are subject to potential loss of principal. Parametric does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. Please refer to the disclosure page for important information about investments and risks.

S&P Dow Jones Indices are a product of S&P Dow Jones Indices LLC (“S&P DJI”) and have been licensed for use. S&P^® indexes are registered trademarks of S&P DJI; Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); S&P DJI, Dow Jones, and their respective affiliates do not sponsor, endorse, sell, or promote Parametric and its strategies, will not have any liability with respect thereto, and do not have any liability for any errors, omissions, or interruptions of the S&P Dow Jones Indices.