Envision Capital Management®, Inc. takes a long term approach to investing our client's money — one that secures appreciation while protecting assets from extreme market turns.  Indeed, during the credit market meltdown of 2008, this technique placed our clients in a much better position than those at other money management firms.
 
Maximize income and preserve capital
This is the cornerstone of our investment philosophy.  We accomplish this by diversifying the industry, segment and names in each bond portfolio that we manage.  We specialize in corporate bond names that are sometimes too small for the multibillion-dollar mutual funds. And we take positions in fallen angels whose names are being shunned by Wall Street but whose bond yields tip the risk/reward scale in our favor.

We are experts in managing municipal bond portfolios--both national and state-specific.  We manage all types of fixed income securities:  Government bonds, high yield bonds, tax free municipal bonds, Treasury bonds, and others.  As federal and state tax rates rise, municipal bonds offer a safe and predictable tax advantaged income stream on which to live or reinvest.

Since the credit crisis of 2008/2009, managing municipal bonds has become a challenge for do-it-yourself investors.  With the muni bond insurers mostly defunct, there's no easy way to manage municipal bonds.  It's all about knowing the credits and the underlying quality.  Bond managers must stay on top of changing variables such as material events, interest reserves, up grades and downgrades and interest coverage.  That's our job and we love doing it.
 
Individually managed bond portfolios
You'll find that the mega-money management firms toss all their clients into a single investment pool regardless of their personal situations.  We don't do that.  Our investment philosophy is that each client must have their own separately managed bond portfolio--one that is built just for them and serves their unique situation.  Clients also find this investment approach appealing because it insulates them from fluctuations caused by money flowing in and out of the bond market.  Further, the net asset value is never affected by the volatile performance chasers whose hot money constantly moves in and out of a particular fund.
 
Short duration
We are short duration portfolio managers.  Duration quantifies how sensitive a bond portfolio is to interest rate gyrations and therefore, indicates price volatility. For example: A portfolio whose duration is three years will appreciate or depreciate 3% if interest rates move 1% in either direction. The longer the duration, the more volatile a portfolio will be.  We don't want our clients to suffer that type of risk exposure.  So we keep the durations short.