Investment Process
The Dana Intermediate Bond Strategy is a broad market strategy with portfolio risk managed within distinct tolerance bands for the following categories: duration, yield curve positioning, sector allocation, and security selection. Investments primarily consist of treasuries, adjustable and fixed rate agencies, and investment-grade corporate bonds with an emphasis toward sector allocation, security selection, and yield curve positioning governed by clear and concise investment principles.
Portfolio Composition
The Dana Intermediate Bond Strategy is an actively managed, broad market strategy that primarily invests in treasuries, adjustable and fixed rate agencies, and investment grade corporate bonds with an emphasis toward sector allocation, security selection, and yield curve positioning. Portfolios typically consist of 35-40 securities and experience annual turnover of about 40-70%.
