The Core Fixed-Income strategy seeks to outperform the Barclays Capital U.S. Aggregate Bond Index by investing primarily in investment-grade fixed income securities deemed undervalued.
The portfolio management team’s approach is research-driven and value-based. The focus is on investing in high-quality, investment-grade fixed-income securities the team believes appear undervalued with attractive risk/return profiles due to market and structural inefficiencies.
The Core Fixed Income investment strategy employs a disciplined bottom-up approach that emphasizes extensive credit research, yield-curve analysis and ongoing assessments of duration characteristics in an effort to identify undervalued market sectors and individual securities. In-depth analysis of, and comparative valuations for, sectors and individual securities contribute to investment selection. The team leverages TIAA’s centralized global fixed income research team to help drive credit weightings.
Core Fixed Income portfolios are subject to certain risks such as market and investment style risk. Fixed-income investments are subject to certain risks such as interest rate, inflation, and credit risks.
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