Core Intermediate Government Credit Strategy
The Core Intermediate Government Credit Strategy is an investment grade, intermediate duration bond portfolio that seeks to maximize risk-adjusted return and preserve capital.
This strategy invests across Treasury, government-related, corporate and securitized sectors. Managed in a separate account, the strategy employs active management, bottom-up credit research, opportunistic trading and proactive portfolio structuring. Customizations are available by benchmark, sector, maturity, duration and credit quality.
Maximize risk-adjusted return and preserve capital
Inception Date: September 2017
Strategy AUM: $202 million
Typical Benchmark: BBG Barc Intermediate US Gov/Credit
Average Maturity 5.15 Years
Average Duration 3.90 Years
Average Credit Rating AA+
Average Yield to Maturity 3.07%
Average Coupon 2.75%
Average Annual Turnover 20-40%
*Methodology uses lowest of S&P and Moody’s, but Prerefunded and Treasury bonds default to AAA category.
The information above is current as of 12/31/18. Characteristics provided are representative of fully invested portfolios managed to this strategy and are intended to illustrate general strategy information. These characteristics are subject to change given market conditions and client objectives. Actual portfolios may vary.