Limited Government Credit Strategy
The Limited Government Credit Strategy is an investment grade, limited duration bond portfolio that seeks to maximize risk-adjusted return and preserve capital.
The duration of this strategy is appropriate for investors who value liquidity but seek higher returns than available in our Short Government Credit Strategy. Eligible investments include Treasury, government-related and corporate bonds. 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: January 2005
Strategy AUM: $389 Million
Benchmark: BBG Barc 1-5 Yr Gov/Credit
Average Maturity 2.80 Years
Average Duration 2.65 Years
Average Credit Rating AA+
Average Yield to Maturity 2.87%
Average Coupon 2.30%
Average Annual turnover 15-25%
*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.