High-Yield International: Frequently Asked Questions
 
Do all the securities carry equal weight in the portfolios and do you follow any "guidelines" of asset allocation percentages?

All the securities carry equal weight in the portfolios. I do not follow any asset allocation guidelines, but I do seek to not overweight any one sector. That said, I may tend to overweight MLPs as well as preferred shares and exchange-traded bonds, as these securities often provide a secure income stream and relatively stable returns.