The Short-Term Bond investment strategy invests mostly in U.S. Treasury and agency securities and investment-grade corporate bonds with maturities less than five years.
The Short-Term Bond investment strategy may identify and invest in undervalued or overlooked issues for potential superior returns. The portfolio management team seeks to maintain a dollar-weighted average maturity of portfolio holdings of no more than three years and can invest up to 15 percent of its assets in the securities of foreign issuers.
In addition, our centralized credit research team conducts rigorous analysis of borrowers on an ongoing basis. The credit analysis process includes analyzing company financial statements, meeting with company management, and reviewing rating agency financials on a quarterly basis.
Short-Term Bond 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.
This material is provided for the informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate.