Strategy Objective

An Actively managed duration-controlled fixed income strategy emphasizing current return, liquidity, and quality using only short and intermediate term investments.

Allowable Securities

U.S. Treasury, U.S. Agency, Investment Grade Corp. Issues, Asset Backed, Non-leveraged structured products

Benchmark

Bloomberg Barclays U.S. Intermediate Government Credit Index

Duration Range (in years)

2.5 – 3.5 years

Representative Portfolio Characteristics as of 6/30/2016

Quality Distribution

Fixed Income Quality Distribution

  • A
  • AA/Aa
  • AAA/Aaa
  • BBB/Baa

Sector Allocation

Fixed Income Sector Allocations

  • Corporate Bonds
  • Government Agencies/Regionals
  • Treasuries