Investment Overview
The Intermediate Duration US Core product is comprised of U.S. Treasury securities, U.S. agency mortgage-backed securities (MBS), federal agency securities, municipal bonds, and dollar denominated investment grade corporate bonds. This product is for clients desiring exposure to the broad U.S. investment grade bond market. Interest rate risk, credit risk, yield spread risk, and prepayment risk are actively managed.
The strategy seeks to exceed the total return of the Barclays Capital U.S. Aggregate Index, net of costs. Portfolios in this strategy typically maintain a duration range between that of the Barclays Capital U.S. MBS Index and the Barclays Capital U.S. Aggregate Indices (between 3 and 5.5 years).
Inception: May 2010
Strategy Assets: $21,972,380
