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Wasmer Schroeder

Positive Impact Bond

PIBX

Objective

Limited duration with a distinct, proceeds-based overlay to express impact views in a high quality bond portfolio

 

Highlights

  • Focus: Spread product and sector management with focus on securities that meet our proceeds-based positive impact criteria
  • Composite Inception Date: 6/30/2015
  • Benchmark: Bloomberg Barclays Intermediate U.S. Government/Credit Index
  • Credit Quality: Investment grade portfolio with ‘BBB’ exposure limited to 10%
  • Duration: Limited duration portfolio consisting of bonds maturing between 1-10 years
  • Sector Allocation: Mix of investment grade corporate bonds, taxable municipal bonds, and government agency debt

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.