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Payson Funds

In 1854, Portland businessman Henry Martyn Payson founded a firm which specialized in financing public water companies. By the late 19th century, H.M. Payson & Co. had become well known as an underwriter of America's growing infrastructure.

H.M. Payson & Co. serves as investment adviser to 2 mutual funds, the Payson Value Fund and the Payson Total Return Fund. These Funds provide cost-effective professional management and diversification in situations where an individually-managed account is not a practical option. For more modest sums, such as educational savings accounts and IRA's, these Funds may be an attractive alternative.

Payson Total Return - PBFDX Fund seeks a combination of high current income and capital appreciation. The fund invests primarily in undervalued common stocks and convertibles, as well as high-quality debt securities and at least 25 percent of assets in fixed-income senior securities. It may also invest up to 20 percent of assets in foreign securities. The average weighted maturity typically ranges between 5 and 15 years. It may invest in options and futures.

Payson Value - PVFDX Fund seeks capital appreciation and current income. The fund invests virtually all assets in common stocks and convertible securities. The fund may invest in both rated and unrated convertible securities. It may also invest up to 20 percent of assets in foreign securities, including American depositary receipts.

Their experience has engendered their great confidence in the vitality of the capital markets, and a belief that equities should hold a prominent place in an investment portfolio. While the final asset allocation decision is ultimately a function of each individual's circumstances, common stocks have proven to be superior to other asset classes in achieving the two primary goals of most long-term investors.

The institution offer comprehensive wealth management solutions to individuals and families. They bring expert financial management and investment policy guidance to the institutions and endowments.

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