Greenwich Investment Management, Inc. (“GIM”), located in Norwalk, Connecticut, is an independently owned investment adviser registered with the U.S. Securities and Exchange Commission (SEC). GIM provides investment advisory services to high-net-worth individuals and institutions. GIM specializes in the analysis and management of financial assets that offer what GIM considers a generous level of current income through ownership of common stock and fixed income securities.
The purpose of this website is to provide informational material to our clients and readers and is intended for residents of the U.S. only. None of the content should be construed as specific investment advice, or replacement for investment advice from GIM, or any other investment professional. Information contained within this site is not an offer to sell or a solicitation or offer to buy any security, nor shall any security be offered to any person, in any state, country, or other jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of any such state, country, or other jurisdiction. Although information has been obtained from and is based on sources GIM believes to be reliable, GIM does not guarantee the accuracy of the information, and it may be incomplete or condensed. Please note that our registration as an Investment Adviser does not imply any level of skill or training.
All investments involve risks including possible loss of principal. The following are some general risks associated with various asset classes mentioned on this website. This is not an all-inclusive list. Past performance is not a guarantee of future results. Greenwich Investment Management, Inc. does not offer individual tax advice; to determine your individual tax situation and specific needs, please consult a professional tax advisor.
Equity market risk — Equity markets are subject to many factors, including economic conditions, government regulations, market sentiment, local and international political events, and environmental and technological issues. There is a risk that an investment will decline in value.
Liquidity risk — Investments with low liquidity can have significant changes in market value, and there is no guarantee that these securities could be sold at fair value.
Tax risk — The risk that the value of investments will be adversely affected by changes in taxation.
Fixed income securities market risk — Fixed income securities markets are subject to many factors, including economic conditions, government regulations, market sentiment, and local and international political events. In addition, the market value of fixed income securities will fluctuate in response to changes in interest rates, currency values, and the creditworthiness of the issuer.
Below investment grade risk — Lower-rated securities have a significantly greater risk of default in payments of interest and/or principal than the risk of default for investment-grade securities. The secondary market for lower-rated securities is typically much less liquid than the market for investment-grade securities, frequently with significantly more volatile prices and larger spreads between bid and asked price in trading.
Credit risk — The value of a fixed income security may decline, or the issuer or guarantor of that security may fail to pay interest or principal when due, as a result of adverse changes to the issuer’s or guarantor’s financial status and/or business. In general, lower-rated securities carry a greater degree of credit risk than higher-rated securities.
Interest-rate risk — Generally, the value of fixed income securities will change inversely with changes in interest rates. The risk that changes in interest rates will adversely affect investments will be greater for longer-term fixed income securities than for shorter-term fixed income securities.
Manager risk — Investment performance depends on the portfolio management team and the team’s investment strategies. If the investment strategies do not perform as expected, if opportunities to implement those strategies do not arise, or if the team does not implement its investment strategies successfully, an investment portfolio may underperform or suffer significant losses.