Image alt tag


There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.


We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.


We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your password was successully updated. This page will be refreshed after 3 seconds.






KEY FACTS as of 05/29/2020

Strategy Inception Date
Apr 1971
Strategy AUM
$17.5 B
Custom Multi-Sector Fixed Income Blended Index
eVestment Universe
US Unconstrained Fixed Income


  • This strategy is available as a:
  • Separate Account
  • Mutual Fund
  • Series Fund


Steven F. Rocco
Steven F. Rocco, CFA

Partner & Director of Taxable Fixed Income

19 Years of Industry Experience

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner & Portfolio Manager

22 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

26 Years of Industry Experience

Robert S. Clark
Robert S. Clark, CFA

Portfolio Manager

23 Years of Industry Experience

Christopher Gizzo
Christopher Gizzo, CFA

Managing Director & Portfolio Manager

12 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Chief Investment Officer

29 Years of Industry Experience

Collaborating with 22 Additional Portfolio Managers 26 Credit Research Analysts & 9 Fixed Income Traders

Related Content

Our Fixed Income Experts Assess Opportunities in Multi-Sector Bonds
May 8, 2020

A review of factors influencing the market in the wake of recent volatility—and the sectors that may potentially benefit from a gradual reopening of the U.S. economy

Three Reasons to Consider High Yield in Today’s Market
February 7, 2020

Even after a rally in U.S. high yield in 2019, we believe the case for an investment allocation to the asset class remains alive and well.



Portfolio Breakdownas of 05/29/2020

Type Portfolio
Type Portfolio
U.S. Investment Grade Corporate
U.S. High Yield Corporate
Non-U.S. Investment Grade Corporate
Non-U.S. High Yield Corporate
Bank Loans

Credit Quality Distributionas of 05/29/2020

Type Portfolio
AAA 4.1%
AA 8.7%
A 12.5%
BBB 31.9%
BB 21.0%
B 16.6%
<B 4.3%
Not Rated 1.1%

CHARACTERISTICS as of 05/29/2020

Average Coupon 4.97%
Average Maturity 14.4 Years
Average Effective Duration 4.86 Years
Average Yield to Worst 4.97%



Multi-Sector Fixed Income Institutional Composite

Average Annual Returns as of 06/30/2020

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
Gross of Fees -2.58% 0.26% 4.17% 5.23% 7.33% 7.25%
Net of Fees -2.77% -0.15% 3.76% 4.81% 6.91% 6.82%
Custom Multi-Sector Fixed Income Blended Index 6.14% 8.74% 6.94% 6.61% 7.37% -

Calendar Year Returnsas of 06/30/2020

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Gross of Fees 14.34% -3.02% 10.13% 13.23% -0.97% 5.41% 8.94% 14.18% 4.89% 14.00%
Net of Fees 13.89% -3.40% 9.69% 12.78% -1.36% 4.99% 8.51% 13.73% 4.47% 13.55%
Custom Multi-Sector Fixed Income Blended Index 13.73% -1.63% 7.69% 11.60% -1.89% 4.58% 8.74% 13.12% 3.17% 13.76%

Please confirm your literature shipping address

Please review the address information below and make any necessary changes.

All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

Current Literature Shipping Address

* Required field