UAT Short Duration Stable Value Fixed Income Overview Composite Performance Overview The Short Duration Stable Value Fixed Income strategy seeks to outperform the Bloomberg US Government/Credit 1-3 Year Index while maintaining a benchmark-aware risk return objective.View factsheet Primary BenchmarkBloomberg US Government/Credit 1-3 Year IndexPortfolio Management Chris Harms Portfolio Manager Read bio Cliff Rowe Portfolio Manager Read bio Dan Conklin Portfolio Manager Read bio Strategy Highlights Stable value portfolios can be customized based on a provider's restrictions, enabling us to adhere to a mandate's specific guidelines while providing the same philosophy and process as our Short Duration Fixed Income strategy Individual investment ideas are evaluated on the basis of their investment return potential and contribution to portfolio risk Top-down macroeconomic analysis combined with bottom-up security selection drives portfolio construction Securities rated below investment grade are limited to 10% of the portfolio, depending on client guidelines Duration bands: +/- 0.5 year (typically within +/- 0.25 year) relative to the index Typical portfolio: approximately 100 to 150 issuers, 150 to 225 issues All investments must be US dollar denominated Issuer maximum is 3% or the benchmark weight plus 2%( whichever is greater at the time of purchase), Treasurys and GSEs excluded Industry maximum of 25% of the benchmark weight plus 10%, (whichever is greater at the time of purchase) Investment universe typically includes US Treasurys, agencies, asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), investment grade corporate bonds, mortgage-backed securities (MBS), Yankee bonds (including emerging markets) and high yield corporate bonds Strategy Facts as of 3/31/2024Strategy Inception6/1/2018Strategy Assets$5.8 billionComposite Assets$1.3 billionNumber of Composite Accounts4Fact Sheet The Composite includes all discretionary accounts with market values greater than $5 million managed by Loomis Sayles with stable value guidelines and invests primarily in investment grade fixed income securities of all major fixed income sectors such as corporates, governments, and mortgages with short term maturities. The Composite inception date is June 1, 2018. The Composite was created in 2022. Performance Primary Benchmark: Bloomberg US Government/Credit 1-3 Year Index Quarter-End Performance as of 3/31/2024CumulativeGrossNetIndex3 month0.89%0.83%0.42% Year-to-date0.89%0.83%0.42%Trailing Performance as of 3/31/2024Average Annualized ReturnGrossNetIndex1 year5.53%5.28%3.49% 3 years0.75%0.55%0.25% 5 years2.03%1.84%1.36% Since Inception 6/1/20182.29%2.10%1.63% Period PerformanceYearGrossNetIndex20236.24%5.99%4.61% 2022-4.79%-4.95%-3.69% 2021-0.13%-0.29%-0.47% 20204.98%4.80%3.33% 20195.12%4.93%4.03% 2018*1.46%1.35%1.53%* Since Inception 6/1/2018 Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Current performance may be lower or higher than quoted. Returns are shown in US dollars and are annualized for one and multi-year periods. Gross returns are net of trading costs. Net returns are gross returns less effective management fees. There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return. Monthly Characteristics Monthly as of -1/-1/-1 Duration Distribution @ERROR% Sector Distribution (Fixed) * 0.0% Country Distribution @ERROR% Maturity Distribution @ERROR% 1 Quarterly Characteristics Quarterly as of -1/-1/-1 Duration DistributionFundIndex @ERROR%@ERROR% Sector Distribution (Fixed) *FundIndex 0.0%0.0% 0.0%0.0% Country DistributionFundIndex @ERROR%0.0% Maturity DistributionFundIndex @ERROR%@ERROR% 1 Holdings Top 10 holdings may not be representative of current or future holdings and will evolve over time. x < Page: / > Download PDF