Sound Income Strategies’ ETF Ends Year as a Top Performer


Sound Income Strategies, a Florida-based RIA and money manager, saw its FXED ETF end 2023 in the top 1% of similar funds tracked by Morningstar.

Digital Wealth News has reported in the past that the firm utilizes a range of technology, including electronic communication through account dashboards, videos and artificial intelligence to support its clients and advisors, drive engagement and leverage its guidance.

The fund, launched in 2020 to target fixed-income securities was ranked No. 1 out of 157 peer funds on Dec. 31, 2023, according to a report by Morningstar research firm.

“We are pleased that our diligent work is benefiting our client portfolios and believe that interest rates have peaked for this cycle,” Eric Lutton, Sound Income Strategies’ Chief Investment, said in a press release. “As an actively managed fund, we are confident that FXED will still continue to deliver consistent income to investors, though the Fed will probably look to begin rate cuts during the second half of 2024.”

Sound Income Strategies operates two ETFs. The FXED ETF is for investors who are in or nearing retirement. The firm’s DIVY ETF seeks to generate income via a dividend yield that outperforms the S&P 500 Index.

Sound Income Strategies has more than $2.6 billion in assets under management (AUM). It is part of the Sound Income Group family of financial services divisions.

Sound Income Strategies was launched in 2014 as a wealth management business focused on fee-based, advisory income solutions. The independent RIA has more than $2.6 billion in AUM and offers income advisory solutions as a third-party subadvisor to wealth management firms. It is part of the Sound Income Group financial services family.

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Carter Financial Group is a full-service financial firm dedicated to helping those in the Texas area meet their long-term financial goals. Our team of financial advisors and wealth managers are experienced in helping clients preserve their savings, so they can use it as a source of steady income in retirement.

All written content on this site is for informational purposes only. Opinions expressed herein are solely those of Carter Financial Group and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. Investing involves risk. There is always the potential of losing money when you invest in securities. Asset allocation, diversification, and rebalancing do not ensure a profit or help protect against loss in declining markets. All information and ideas should be discussed in detail with your individual advisor prior to implementation. The presence of this website, and the material contained within, shall in no way be construed or interpreted as a solicitation or recommendation for the purchase or sale of any security or investment strategy. In addition, the presence of this website should not be interpreted as a solicitation for Investment Advisory Services to any residents of states where otherwise legally permitted to conduct business. Fee-based financial planning and Investment Advisory Services are offered by Sound Income Strategies, LLC, an SEC Registered Investment Advisory firm. Insurance products are offered through our Affiliate Advisors Academy LLC.  Carter Financial Group and Sound Income Strategies, LLC are not associated entities. Carter Financial Group is a franchisee of Retirement Income Source. Retirement Income Source LLC, Sound Income Strategies LLC, and Advisors’ Academy are associated entities. © 2023 Carter Financial
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About Mandee

In preparation for continuing the family business and taking over full-time once Dee retires, vice president and Associate Advisor, Mandee Carter, has been working with her father and learning the ropes since 2017.

Mandee received a BS in Psychology in 2016, but began her career in financial services six years before that when she started helping in the office. After acquiring her degree, she came on full-time in March 2017 as Dee’s business partner and main Associate Advisor helping clients navigate the intricacies of successful financial planning.

In 2021, she was named an Elite Producer with American Equity.

In Mandee’s spare time, she likes to go to the gym and spend time with friends and family. She is an animal lover and has two German Shepherds, both rescued from a shelter. She enjoys meeting new people and helping clients.