Navellier Consults with Advisors Asset Management, Inc., in UIT Bond Offering
Taking Advantage of Opportunities in the Corporate Bond Market
RENO, Nev.--(Business Wire)--
Navellier, a registered investment advisor that manages about $2.5 billion in a
variety of portfolios for institutional and individual clients, today announced
it has been engaged by Advisors Asset Management, Inc. ("AAM") as a consultant
for the identification and selection of investment-grade bonds primarily rated
BBB-/Baa3 for a series of Unit Investment Trusts offered by AAM, known as the
Advisors Corporate Trust - Navellier/Dial High Income Opportunities Series. The
Series 1 offering was deposited on June 24, 2009. AAM anticipates offering a new
series each month.
"The near collapse in financial systems has created compelling investment
opportunities in fixed income, especially bonds rated BBB or lower issued by
well-known companies in the United States," said Louis Navellier, CEO and CIO of
Navellier.
Navellier works with Dial Capital Management, Inc., ("Dial"), whose principals
have over 40 years' combined experience in corporate bond investing. Mr. T. Ole
Dial has managed top-performing high-yield bond mutual funds and private equity
funds for institutions and high net worth individuals for over 25 years. Prior
to the launch of each UIT Series, Dial provides a list of attractive bonds from
issuers that are analyzed by Navellier's research team using an extensive
fundamental variable ranking system. Navellier-Dial looks for issuers that may
have been oversold in the financial crisis but still show cash flow and balance
sheet characteristics to support principal and interest payments.
Advisors Asset Management, Inc., a broker/dealer, member FINRA, SIPC and
registered investment advisor, is an investment solutions partner for advisors
and Broker/Dealers offering a vast array of financial tools, leading
technologies, and industry expertise. For more information on AAM and the
Navellier/Dial High Income Opportunities Series, please go to
www.aamportfolios.com (http://www.aamportfolios.com/AAM/home.aspx) or contact
AAM at (866) 606-7220.
Navellier & Associates, Inc., founded by Louis G. Navellier in 1987, is a
registered investment advisor that manages a variety of portfolios for
institutional and individual investors. For more information about Navellier,
please go to www.navellier.com (http://www.navellier.com/) or contact Navellier
at (800) 365-8471.
Navellier & Associates, Inc.
Peter Knapp, 775-785-9423
Alternative Investments Director
peterk@navellier.com
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