APA is Dedicated to excellence in fixed income Portfolio Management.

Charles Doty Ranked by Barron’s for “America’s Top 100 Independent Financial Advisors”

Charles Doty Named One of the Nations' Top Independent Financial Advisors for the Third Consecutive Year. Atlanta, Georgia, August 26,

Announcing the addition of Amanda Richter as a Senior Municipal Analyst on APA’s Credit Analysis Team

Asset Preservation Advisors (APA), an Atlanta based Investment Advisory firm, proudly announces the addition of Amanda Richter as a Senior

Kevin Woods Quoted in WSJ Online

April 16, 2013, 4:21 p.m. ET Birmingham Water Offers Muni Deal at Punitive RatesBy Kelly Nolan ..... Kevin Woods, principal

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APA’s Insights on Current Market Conditions

June 20, 2013

Municipal Credit Update

September 04, 2012

Credit research. How has the game changed?

May 30, 2012

APA Addresses Investors Concerns with the Recent Volatile Market

Beginning with his remarks May 22nd before a Congressional committee and again on June 19 at a press conference following

APA Special Market Report

Interest Rates and Municipal Bonds Headlines declaring the end of the 30 year bull market for bonds coupled with May’s

APA’s Response to Stockton Bankruptcy

On June 27, 2012, the City Council of Stockton, California voted 6 -1 to adopt a spending plan for operating

Asset Preservation Advisors

Asset Preservation Advisors (APA) is a Registered Investment Advisor founded in 1989.  APA specializes in managing high quality tax-exempt and taxable municipal bond portfolios for other registered investment advisors, family wealth offices and institutional clients.

APA Commentaries

APA September Market Commentary

The municipal market ended the month of August with the market holding onto many of the themes of the previous three months. At APA, we continue to find value in municipals and we are taking advantage of the recent sell-off to add what we think are quality credits to client portfolios. TRADING MARKETS Redemptions continue to drive the muni market The month of August has traditionally been marked by positive market performance; historically only three Augusts since 1999 have posted losses (and those losses were less than 0.5%). This August seemed poised for a positive performance with very large cash

APA Special Market Report – September 2013

The De Minimis rule and Municipal Bonds De minimis is Latin for “about minimal things” and under the U.S. Tax Code refers to the taxation of market discount bonds (original discount bonds (OID) are exempt from the de minimis rule). In the fixed income markets a market discount occurs when interest rates rise after the issuance of a bond. This is due to the inverse relationship between interest rates and dollar price. As interest rates rise, market dollar prices of bonds fall or, vice versa, as rates fall the dollar price of bonds rise. For example, consider a 10 year