Step 1

Place all of the ingredients in a medium sauce pan, over medium-low heat.

Step 2

Stir well, and bring to a simmer.

Step 3

Cover, reduce heat to low, and simmer for 30 minutes while stirring occasionally.

Step 4

Remove from heat, and let come to room temperature.

Step 5

Pour sauce into a container with a lid, and refrigerate for up to 5 days.