Short Duration Corporate Bonds
Strategy Overview
Account Minimum: $250,000 | Launch of Strategy: June 1, 2004
The strategy is designed for investors interested in a shorter maturity profile which targets an allocation of 50% Investment Grade and 50% High Yield securities in one portfolio. A bottom-up approach identifies investment opportunities that represent the most attractive value with strong prospects for consistent income and growth. The overall average credit rating objective is Baa3 with a duration target of 3.
We access over 30 institutional broker/dealers seeking competitive bids and offerings. This trading network provides all of our clients with best pricing. A strict sell discipline is employed within the strategy.
Portfolio Statistics
(as of 12/31/2020)
wdt_ID | Name | Value |
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Resources
Short Duration Brochure
Short Duration Profile
Short Duration Client Agreement
CAM Strategy Guide
Diversified Approach
The objective is to provide a diversified approach to the corporate bond market that can perform in various environments within the context of a duration target of 3.
Enhanced liquidity & safety
By investing only in bonds with an initial issue size generally in excess of $100,000,000.
Shorter Maturity
A shorter maturity profile which blends a fixed allocation of 50% Investment Grade and 50% High Yield in one portfolio..
Diversified Portfolio
The portfolio is diversified across 20 – 30 equal weighted issues and generally limited to a maximum of 15% per industry group.
Low Turnover
A historical low turnover of the portfolio, on average under 60% per year.
Bottom Up Approach
A bottom-up approach identifies investment opportunities that represent the most attractive value with strong prospects for consistent income and growth.
Strategy Data
Calendar Year Returns (Gross)
Annualized Returns
(period ended 12/31/2020)
Risk Statistics
(period ended 12/31/2020)
Annualized Returns
(period ended 12/31/2020)
wdt_ID | Period | CAM Gross | CAM Net | Weighted Barclays Index |
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Risk Statistics
(period ended 12/31/2020)
wdt_ID | Period | Standard Deviation CAM SD | Standard Deviation Weighted Barclays Index | Sharpe Ratio CAM SD | Sharpe Ratio Weighted Barclays Index |
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Maturity Distribution
Duration Distribution
Industry Distribution
Credit Quality Distribution
wdt_ID | Type | Value |
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*Moody’s rating organization