Intermediate Fixed

Overview

The Intermediate Fixed strategy is a fixed income investment management strategy that seeks to provide a total return in excess of the Bloomberg Intermediate Government/Credit Index. Excess return is achieved primarily through sector rotation and security selection. The strategy manages risk through issue diversification. Portfolio duration is managed in line with the benchmark. Portfolios — when permitted by client guidelines — will invest in non-benchmark sectors opportunistically.

Risk Controls

  • Typical Corporate holding represents 1% or less of the Total Market Value
  • Duration is generally limited to ±10% of the index
  • Weekly stress testing
  • Pricing – portfolio marked daily
  • Performance monitored daily

Portfolio Management

Richard Scargill

Director of Fixed Income Strategies, Senior Portfolio Manager

 (312) 847-8247
 rscargill@zieglercap.com

Keith Weldon, CFA

Senior Portfolio Manager

 (314) 797-5680
 kweldon@zieglercap.com

Key Investment Personnel

William O’Connor, CFA

Senior Portfolio Manager

 (312) 682-0877
 woconnor@zieglercap.com

Kevin Conrath

Portfolio Manager

 (312) 380-2252
 kconrath@zieglercap.com

Snapshot

Benchmark: Bloomberg Intermediate Gov/Credit
Inception Date: January 1, 2000
Investment Team: Fixed Income Group

 

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