Core Total Return Managed Account
The Core Total Return Managed Account strategy seeks to outperform the Bloomberg US Aggregate Index while maintaining a benchmark-aware risk return objective
Portfolio Management
Dan Conklin, CFA
Chris Harms
Cliff Rowe, CFA
Strategy Highlights
Primary Benchmark
Bloomberg US Aggregate Index
Strategy Facts
Strategy Inception: 10/31/2020
Composite Inception: 11/1/2020
Strategy Highlights
- Investment universe typically includes US Treasurys, agencies, asset-backed securities (ABS), commercial mortgaged backed securities (CMBS), investment grade corporate bonds, mortgage-backed securities (MBS), Yankee bonds and high yield corporate bonds
- Securities rated below investment grade are limited to 10% of the portfolios
- Duration bands: +/- 2 years relative to the index
- Typical portfolio: approximately 50 to 70 issuers, 70 to 90 issues
- All investments must be US dollar denominated
- Issuer maximum of 0.50%, Treasurys and GSEs excluded
- Industry maximum of 25% or the benchmark weight plus 10% (whichever is greater at the time of purchase)
The Composite includes all discretionary Managed Accounts with market values greater than $100,000 managed by Loomis Sayles with investment guidelines prescribing investment in liquid U.S. dollar denominated bonds with up to 10% in high yield, may invest up to 45% combined in the Loomis Sayles Securitized Asset Fund and Loomis Sayles High Income Opportunities Fund, and has a benchmark of the
Bloomberg U.S. Aggregate Index. Proprietary quantitative models are employed in portfolio construction and risk assessment. Loomis Sayles’s security level research and tactical sector allocation are primary alpha sources for this product. Yield curve and duration management are additional tools utilized by the portfolio management team. The Composite inception date is November 1, 2020.
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Year-to-Date Performance as of 3/24/2023 Month-End Performance as of -1/-1/-1 Cumulative
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Average Annualized
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Quarter-End Performance as of -1/-1/-1 Cumulative
Total Return | Class NA |
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Average Annualized
Total Return | Class NA |
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Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. Returns include changes in share price and reinvestment of dividends and capital gains, if any.
Monthly as of -1/-1/-1
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1
Quarterly as of -1/-1/-1
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| Sector Distribution (Fixed) * | Fund | Index |
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| 0.0% | 0.0% | | 0.0% | 0.0% | | Country Distribution | Fund | Index |
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| @ERROR% | 0.0% | | Maturity Distribution | Fund | Index |
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1