Vanderbilt Capital Advisors

Publications

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Recent Developments in Retirement Health Care Benefits
Investing with Options
Structural Issues in the Economy
The Fed's New Policy
Yield Curve Analysis
Currency Hedged International Fixed Income Investment
Introduction to CMO's
Proper Cash-Flow / Discounting for Pension Fund Liabilities
Synthetic Security Combination
Option Adjusted Spread
Characteristics of 144A Transactions
Position Paper: The CPI Calculation
The Federal Housing Authority (FHA) Project Market
Electric Utility Investment Strategy
Net Interest Margin
Private Label Mortgage Securities
Trust Originated Preferred Securities
Subordinated Credit Card Receivables
Commercial Mortgage Backed Securities
Convexity
Residential Subordinate Mortgage Backed Securities
Structural Overview
Bush, Bonds & The Foreign Exchange Rate
Investment Opportunities in Government Sponsored Enterprise
Repurchase Agreements
Managing Interest Rate Risk by Managing Duration
The Market Impact of the Proposed U.S. Treasury Debt Buyback
CMO Glossary
Glossary
The 80-Year Problem
Trading The Mortgage / Agency Basis
Evaporating Liquidity or Where Have All the Dealers Gone?
144A Securities
Mortgage Subordinated Trust Securities
High Yield Market
Cash Flow is King
Treasury Actions Stabilize the 'Repo' Market
Better Risk/Return in Home Equity
Treasury Supply and Debt Buyback Redux
Sell Everything and Take a Vacation
Bonds: Not Boring, Beautiful
Pangloss and Cassandra, meet Aenesidemus
Sports, Markets and Mortality
Preventing Deflation (.pdf)
Economics and Portfolio Strategy (.pdf)
Presidential Politics, Stocks, Bonds, Bills, and Inflation (.pdf)
The Journal of Fixed Income (.pdf)
Dogma of the Day (.pdf)
Opportunity: Actively Managed Investment Universes (.pdf)
Small is Beautiful: Journal of Portfolio Management (.pdf)
Trading Common Stocks (.pdf)
Rate Reduction Bonds
Time to Prefer Preferred
Adjustments to Lehman Brothers
Wall Street Pushes Preferred Stock
Treasury Inflation Protected Securities
Hybrid MBS - Another Slice of the Mortgage Pie
Quantitative Credit Risk Modeling
Tracking Stock (.pdf)
Mutual Fund Scandal
An Introduction to CIOs
Mortgage Dollar Rolls
Federal Funds Probability
Utility Sector/Pacific Gas & Electric
The Growth of Hybrid ARMs in the Residential Mortgage Market
The CIO Explained (.pdf)
Frequently Asked Questions regarding the CIO (.pdf)
Why Buy CDO Equity (.pdf) (email info@vcallc.com for password access)
Wyeth
The Effect of Maturity Mismatch on Credit Portfolios (.pdf)
Calculating the Implied Default Rates from CDS Spreads
Calculating the Implied Default Rates from CDS Spreads (with example)
Hurricane Season 2005: Katrina and Rita

Click here to download a publication in Microsoft Word or pdf format