Ultra Short Duration Corporate Income

Inception Date:

Investment Philosophy

The objective of the Ultra Short Duration Corporate Income strategy is to preserve investor capital and manage duration risk while generating high income. The strategy has consistently generated alpha over the broad ICE BAML Investment Grade Bond Index and shorter term ICE BAML 1-3 Yr. Investment Grade Bond Index with durability through down markets.

Differentiated profile characteristics of the Ultra Short Duration Corporate Income strategy:

  • Focus on durable credit that is typically senior in a company’s capital structure
  • Fill void created by total-return strategies selling lowest yielding securities
  • Detailed covenant reviews that help identify bonds with higher probability of a successful refinance