Fixed Income Strategies
Dana Intermediate Strategy
The Dana Intermediate Bond Strategy begins by constructing a portfolio of high credit quality bonds that generally provide higher yields than comparable fixed income benchmarks with the same or similar duration. This combination offers higher current income and lower risk, and strives to provide clients with more stable total returns throughout a market cycle.
Objective:
Seeks to deliver maximum excess yield over other high-quality intermediate duration investment options. Focusing on sector allocation, credit quality, and duration to perform well in all market environments.
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Mandate:Intermediate Duration Taxable Fixed Income
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Benchmark:Barclays Intermediate Gov/Credit
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Inception:December, 1986
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Average Number of Holdings:30–65
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Effective Duration Target:+/-15% of Benchmark
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Target Portfolio Credit Rating:Aa2-A1