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 Client Service Executive or call 1-626-844-9400
Commingled Vehicle Available

Performance as of December 31, 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$4.4 billion (as of December 31, 2017)
Benchmark: S&P/LSTA Performing Loan Index
Inception Date: 01 Oct 03

Sector Allocation as of December 31, 2017

US Bank Loan | Sector Allocation as of December 31, 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 December 31, 2017

US Bank Loan | Portfolio Characteristics as of December 31, 2017
IMPORTANT INFORMATION: All investments involve risk including loss of principal. Past performance is not indicative of future investment results. This information is only for use by professional clients, eligible counterparties or qualified investors. It is not aimed at, or for use by, retail clients.
** Represented by the US Bank Loan Unlevered Composite.