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Wasmer Schroeder

Core IG Credit

CTX+

Objective

Moderate duration, well diversified investment grade strategy that focuses on higher yielding sectors and securities

 

Highlights

  • Focus: Spread product and sector management
  • Composite Inception Date: 7/31/2015
  • Benchmark: Bloomberg Barclays U.S. Aggregate Index
  • Credit Quality: Investment grade portfolio with a focus on higher yielding sectors; ‘BBB’ exposure limited to 30%
  • Duration: Moderate duration, similar to the Bloomberg Barclays U.S. Aggregate Index
  • Sector Allocation: Core portfolio is taxable municipal bonds and corporate bonds; does not employ any below investment grade bonds

Characteristics

 

Top Sectors

Source for Index information: Bloomberg Barclays

Credit Quality Details

The rating shown is the middle rating ranked lowest to highest by the three primary rating agencies, if three ratings are available. If only two ratings are available, WS shows the lower of the two ratings. More information about the ratings assigned to the securities in the Portfolio by each ratings agency is available upon request. The ratings shown may not reflect the ratings as of the report date; ratings are updated periodically and are subject to change without notice. During periods of market volatility, ratings may change dramatically.