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 corporate, municipal, Treasury, government agency and supranational securities. 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
Taxable Municipal Bonds
U.S. Treasury Notes
U.S. Agency Debt
Inception Date: January 2005
Strategy AUM: $377 Million
Benchmark: BBG Barc 1-5 Yr Gov/Credit
Average Maturity 2.72 Years
Average Duration 2.58 Years
Average Credit Rating AA
Average Yield to Worst 3.06%
Average Coupon 2.28%
Average Annual turnover 15-25%
Taxable Municipals 20.8%
The information above is current as of 9/30/18. 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.