Corporate Fixed Incomeas of June 30, 2018 Print

Logan Circle’s Corporate 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, 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:
$6,464 million
Portfolio Leadership Team:

Andrew J. Kronschnabel, CFA
Stephen A. Mullin, CFA
Brian D. Funk, CFAVIEW FULL TEAM
Benchmark:
Bloomberg Barclays U.S. Credit Index
Inception Date:
October 1, 2000
Download Fact Sheet
Available Vehicles:

Separately Managed Accounts

  SECTOR WEIGHTS (Range)
Target
Alpha1
Target
Tracking Error
Duration
Target
125–200
basis points
150
basis points
neutral to
benchmark2

Corporates

MBS

Governments

Plus Sectors

80%–100%

0%–10%

0%–20%

0%–20%

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.

2Barclays U.S. Credit Index

Logan Circle Plus Sector Definition:

  • High Yield / Bank Loans
  • U.S. dollar & Local Currency Emerging Markets
  • Capital securities (Tier 1, Preferreds, Hybrids, Convertibles)
  • Non-U.S. dollar denominated debt

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.