Objective: Seeks high total return and capital appreciation by investing primarily in investment-grade securities.
Strategy inception date: 2004
Assets in strategy (millions): $305.2
Benchmark: Bloomberg Barclays U.S. Credit Index
Duration range: +/– one year of benchmark duration
Maximum below-investment-grade bonds (%): 0
USD allocation: 100
U.S. corporate bonds
U.S. government securities
Minimum account size (millions):
Separate account: $100
Assets in strategy as of September 30, 2019.
Research is the cornerstone of our investment process, which integrates macroeconomic, fixed income and equity analysis from all regions of the globe
Each credit analyst specializes in one or more industries or sectors and thoroughly examines the individual issues within his or her coverage. The fixed income analysts also work with Capital’s equity research team
In addition, a strategic group is dedicated to currencies, asset allocation, quantitative research, politics and other macro issues
The portfolio management team consists of two portfolio managers, each of whom is responsible for a portion of the portfolio, managing it as if it were a stand-alone entity. This provides the portfolio with the potential for diverse sources of return
Portfolio managers seek to add value by research-driven security selection
Portfolio managers also work closely with Capital’s traders, who provide valuable information about market anomalies, inefficiencies and deal flow in addition to executing trades
We have a comprehensive framework for addressing risk
Our research process and The Capital System℠ help diversify the portfolio
Capital’s independent global investment control group monitors compliance with portfolio guidelines
Our legal and compliance team provides guidance on the regulations in the markets in which we invest
The Capital Group companies manage equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund prospectuses/summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants’ plan provider or employer.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.