Intermediate Government/Credit
Fixed Income

Our Intermediate Government/Credit Fixed Income strategy seeks to generate total returns in excess of the Barclays Capital U.S. Government Credit Intermediate Index over a market cycle through the active management of sector, yield curve, security and duration allocations. Our investment team seeks to leverage the firm’s deep fundamental credit research and analytical capabilities to enhance returns. Portfolios are broadly diversified across U.S. investment-grade sectors (Treasury, Agency, Corporate, Securitized, Municipal and Money Market). At a minimum, the average portfolio credit quality is Aa3 or AA-.

Assets Under Management:
$172.3 million1
Portfolio Managers:

Scott Pavlak, CFA
Peter Mahoney
Benchmark:
Bloomberg Barclays U.S. Intermediate Government / Credit Index2
Inception Date:
January 1, 1997
Available Vehicles:

Separately Managed Accounts

1 Represents total assets included in the Intermediate Government/Credit Fixed Income (“Int. Gov/Credit”) strategy. Based on unaudited estimates and subject to change.

The performance benchmark for the Intermediate Government/Credit Fixed Income (“Int. Gov’t/Credit”) composite is the Bloomberg Barclays Intermediate Government/ Credit Index, which is a broad based index that measures the performance of Treasuries, government/related and investment grade U.S. corporate securities with a remaining maturity between one and 10 years. The benchmark does not reflect holdings in all sectors targeted within the Int. Gov’t/Credit strategy. Please see additional Performance Disclosures in the Performance section.

Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

SECTOR WEIGHTS (Range)
Treasuries Government
Agencies
Investment
Grade
Corporates
High Yield/
Bank Loans
Residential
MBS
Commercial
MBS
Asset-Backed
Securities
Municipals Money
Markets
0%–100% 0%–100% 0%–60% 0% 0%–30% 0%–30% 0%–30% 0%–50% 0%–25%

Investors should carefully consider their investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information, please email icg@metlife.com to request more information. Please review the Terms of Use of this site for additional details.