Objective and Approach
The Strategy seeks enhanced income and total returns primarily in high grade US taxable bonds. The Strategy is designed for investors seeking yield and total returns from a portfolio of carefully selected bonds from financially strong issuers.
|• +/- 25 bonds per portfolio.
|• AA to A target average rating
|• BBB minimum rating
|• +/- 3 years duration versus benchmark
Flexible Investment Grade Portfolio
With a flexible mandate, the Strategy searches for yield opportunities across the spectrum of investment grade bonds:
|• Investment grade corporate bonds
|• Investment grade tax-exempt and taxable municipal bonds
|• Investment grade mortgage-backed securities
|• US Treasury, Government, and Agency securities
|• Other high-quality fixed income instruments