Long Duration Government/Creditas of June 30, 2018 Print

The Long Duration Government/Credit strategy seeks to outperform the long maturity U.S. bond market by investing in fixed income securities across the government, corporate and structured markets. In seeking to exploit inefficiencies in fixed income securities exposed to credit, default, and liquidity risks, the Investment team focuses on: optimal security selection; targeting duration-neutral portfolios; and constructing portfolios with attractive risk/reward characteristics.

Assets Under Management:
$2,292 million
Portfolio Leadership Team:

Stephen A. Mullin, CFA
Andrew J. Kronschnabel, CFA
Brian D. Funk, CFAVIEW FULL TEAM
Benchmark:
Bloomberg Barclays U.S. Long Government/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
100–150
basis points
150–200
basis points
neutral to
benchmark2

Corporates

Structured Products
Governments
Plus Sectors

30%–90%

0%–10%

10%–70%

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 Government/Credit 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.