Performance data quoted represents past performance which is not a guarantee or a reliable indicator of future results.
Gross performance returns are presented before management and all other fees, where applicable, but after trading expenses. Net of fees performance reflects the deduction of the highest applicable management fee that would be charged based on the fee schedule contained within this material, without the benefit of breakpoints. Gross and net performance returns reflect the reinvestment of dividends and are net of all non-reclaimable withholding taxes on dividends, interest income, and capital gains.
Strategy
Investment Approach
- Focus primarily on investment-grade, U.S. corporate bonds, with the ability to integrate non-index sectors and securities in a measured fashion.
- Integrate proprietary credit and capital market research to identify market inefficiencies.
- Add value primarily through individual security selection, sector rotation, and capital structure positioning.
- Manage portfolio duration in a prudent fashion, typically within a +/- 10% band around the benchmark.
- The investment process places a strong emphasis on risk management practices and portfolio diversification to manage the overall risk profile.
Risks
Typical Investor