Investment Objectives and Process
RPM’s Investment Process and Management of High Yield Tax-Exempt Bonds
- Compound income to create new wealth and increase disposable income
- Acquire high yield tax-exempt bonds with the goal of earning income net of fees of 6% to 8% annually
- Seek to earn additional returns of 1% to 3% annually from active management
- Analyze and invest in established and growth sectors where risk can be carefully monitored and controlled
- Acquire entire bond issues or supermajority positions, whenever possible
- Restructure distressed or defaulted bonds
