Core Bond Fund
(Lord Abbett)
The Core Bond Fund seeks to deliver current income and the opportunity for capital appreciation by investing in a wide range of fixed income securities, including U.S. investment grade and high yield corporate bonds, mortgage-backed, asset-backed, and government-related securities, with select allocations to non-U.S. (including emerging market) debt securities. The sub-advisor to the Fund is Lord Abbett, which has managed a substantially similar strategy since 1998.
The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.
Core Plus Bond Fund
(PGIM)
The Core Plus Bond Fund seeks total return by investing in a diversified portfolio of bonds from multiple fixed income sectors. The Fund may be appropriate for investors seeking current income and capital appreciation in a diversified core fixed income fund. The sub-advisor to the Fund is PGIM Investments.
The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.
Core Plus Bond II Fund
(Western Asset
Management Company)
The Core Plus Bond II Fund seeks an active, team-managed investment approach around a long-term, value-oriented investment philosophy. These portfolios use diversified strategies and all sectors of the fixed-income market in seeking to add value while minimizing risk. The approach is to construct a portfolio using all major fixed-income sectors with a bias toward non-Treasuries. This strategy allows for opportunistic investments in high yield, emerging markets and non-dollar securities.
The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.
Core Plus Bond III Fund
(Fidelity)
The Core Plus Bond III Fund he CPB III employs both a top-down and bottom-up approach, investing in a variety of sectors including government bonds, investment-grade bonds, high-yield, and securitized while creating alpha through security selection, asset allocation, sector rotation and yield curve positioning. The sub-advisor to the fund is Fidelity who has a very deep research platform which is utilized by the experienced management team.
The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.