US Bank Loan

Investment Objective

Exceed the benchmark return by 50 to 75 basis points annually over the course of a market cycle while approximating benchmark risk.

Investment Style

Construct a diversified portfolio consisting of bank loans. Value can be added through subsector rotation and issue/issuer selection. Risk is controlled through industry and issuer diversification.

Investment Vehicles

Separate Account: Contact your CSE or call 1-626-844-9400
Commingled Vehicle Available

Performance as of June 30, 2017

Returns for periods greater than one year are annualized. Please see the Performance Disclosure for more information.

Snapshot

Strategy AUM: Total US Bank Loan Assets:
US$5.4 billion (as of May 30, 2017)
Benchmark: S&P/LSTA Performing Loan Index
Inception Date: 01 Oct 03

Sector Allocation as of June 30, 2017

US Bank Loan | Sector Allocation as of June 30, 2017
Note: Sector allocation includes look-through to any underlying commingled vehicles if held. All weightings are a percentage of total market value. A negative cash position may be reported, which is primarily due to the portfolio's unsettled trade activity. Data may not sum to 100% due to rounding.

Portfolio Characteristics as of June 30, 2017

US Bank Loan | Portfolio Characteristics as of June 30, 2017
Past performance is not indicative of future investment results, the value of any investment can fall as well as rise.