At a Glance - Fourth Quarter, 2011
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Asset Manager:
Longfellow (Boston, MA) |
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Download:
Individual Fund Fact Sheet
Fourth Quarter, 2011
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 PDF |
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Strategy
Invests primarily in short-term U.S. government, agency, corporate asset backed securities and mortgage-backed securities. Issues may be domestic, supranational or foreign, but will all be U.S. dollar-denominated, and will have a minimum quality rating of "BBB" or higher including duration, sector and security decisions are influenced by economic and fundamental research. Extensive credit research is employed to minimize risk of downgrade. The portfolio’s effective duration will normally range from 1.5 to 2 years.
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3Mo |
1Yr |
3Yr |
5Yr |
Since
Incep. |
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The RCT Short Bond Fund returned 0.49%, well ahead of the benchmark Merrill Lynch 1-3 Year Treasury Index’s 0.19% return. With Treasury yields at such low absolute levels, the Fund’s approximately 180-basis-point yield advantage over
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| Weighted Averages |
| Statistics |
SBF |
ML 1-3 yr. Treasury |
| Average Maturity |
2.0 yrs |
1.9 yrs |
| Effective Duration |
1.7 yrs |
1.9 yrs |
| Average Quality |
AA |
AAA
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| Yield-to-Maturity |
2.1% |
0.3% |
| Current Yield |
3.7% |
1.6% |
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