PDR Advisors, LLC

PDR Advisors understands that in the world of customized fixed income solutions for an institutional or high net worth account base it is imperative not to offer a “black box” solution to any client. With our focus on customizing a fixed income portfolio designed to address all clients’ needs and expectations and regulatory and statutory requirements, classifying a portfolio by a specific style or discipline may not offer any advantages to our clients. That being said, it is appropriate to try and define certain fixed income categories which PDR Advisors has to offer with a core competency and high level of expertise.

Enhanced Cash Strategy --- typically is defined as a portfolio whose average maturity or average duration is under one year. This Enhanced Cash Strategy is available for accounts with a preference for either tax advantaged income or fully taxable income and total return. The tax advantaged focus is directed at both the Federal and State tax level for interest and income. PDR Advisors offers expertise in managing overnight investment mandates as well as investment mandates requiring average maturities as short as 30-90 days for both taxable and tax advantaged portfolios.

Limited Duration Strategy --- typically is defined as a portfolio whose average maturity or average duration is between one and three years. This Limited Duration Strategy is also available for accounts with a preference for either tax advantaged income or fully taxable income and total return. As is the case with an Enhanced Cash Strategy portfolio, the tax advantaged focus is directed at both the Federal and State tax level for interest and income. PDR Advisors offers expertise in managing portfolios that may use a 1-3 year or a 1-5 year index as a relative benchmark.

Intermediate – Long Strategy --- typically is defined as a portfolio whose average maturity or average duration is greater than three years. This Strategy is available for accounts with a preference for either tax advantaged income or fully taxable income and total return. As is the case with both the Enhanced Cash Strategy and Limited Duration Strategy, the tax advantaged focus is directed at both the Federal and State tax level for interest and income. PDR Advisors offers expertise in managing portfolios that may use a 1-10 year or a Lehman Aggregate as a relative benchmark. Insurance companies may typically have their portfolios managed in this Strategy, utilizing tax exempt municipals, trust preferreds and DRD-eligible preferreds if allowable under an investment policy.