Long Creditas of December 31, 2016 Print

Logan Circle’s Long Credit Fixed Income strategy seeks to produce predictable and consistent excess return while providing clients with a flexible vehicle to hedge long-dated liabilities and reduce surplus volatility. In seeking to exploit inefficiencies in fixed income securities exposed to credit, default 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:
$11,416 million
Portfolio Leadership Team:

Stephen A. Mullin, CFA
Andrew J. Kronschnabel, CFA
Brian D. Funk, CFA VIEW FULL TEAM
Benchmark:
Barclays U.S. Long Credit Index
Inception Date:
November 1, 2008
Download Fact Sheet

  SECTOR WEIGHTS (Range)
Target
Alpha1
Target
Tracking Error
Duration
Target
75–150
basis points
100–125
basis points
neutral to
benchmark2

Corporates
Structured Products
Governments

Plus Sectors

80%–100%

0%–10%

0%–20%

0%–15%

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. Long Credit Index, Barclays U.S. Long Corporate Index or custom benchmark.

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.