Core Fixed Incomeas of December 31, 2016 Print

Logan Circle’s Core Fixed Income strategy seeks to produce predictable and consistent excess return while providing clients a flexible vehicle to meet long term objectives. In seeking to exploit inefficiencies in fixed income securities exposed to credit, prepayment and liquidity risks, we utilize our in-house credit research team to focus on optimal security selection; target duration-neutral portfolios; and construct portfolios with attractive risk/reward characteristics.

Assets Under Management:
$874 million
Portfolio Leadership Team:

Andrew J. Kronschnabel, CFA
Alfio Leone, IV, CFA
Brian D. Funk, CFA VIEW FULL TEAM
Benchmark:
Barclays U.S. Aggregate Bond Index
Inception Date:
October 1, 2000
Download Fact Sheet
Available Vehicles:

Separately Managed Accounts

  SECTOR WEIGHTS (Range)
Target
Alpha1
Target
Tracking Error
Duration
Target
50–75
basis points
50
basis points
neutral to
benchmark2

Government

Credit
Agency
MBS

CMBS

ABS
Non-Index
Structures

0%–70%

5%–40%

25%–50%

0%–10%

0%–10%

0%–10%

1 Target Alpha is an investment objective and not a promise of future results or performance. It is calculated gross of fees over a 3 to 5 year time horizon. There can be no assurance that a portfolio will achieve its target alpha.

2 Barclays U.S. Aggregate Bond Index.

Non-Index Structures include:

  • Capital Securities (Hybrids, Preferreds, Tier 1, Convertibles)
  • Non-Agency MBS
  • U.S. Government and Government Agencies excluded

Investors should carefully consider their investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information, please email asklogan@lcpim.com to request more information. Please review the Terms of Use of this site for additional details.