STAMP Opportunistic

Our STAMP Opportunistic strategy seeks to generate excess returns over the short duration benchmarks through the active management of sector, yield curve, security and duration allocations within the investment grade universe, with a target duration of +/- 20% to the stated benchmark.

Portfolios are constructed within this framework and are concentrated in Corporate Credit, Mortgage-Backed, Asset-Backed and Municipal sectors with opportunistic allocations to the High Yield and Bank Loan sectors. At a minimum, the average credit quality is “BBB” and individual investments have a “B” or better quality rating. Individual securities will have a maturity/average life of five years and shorter.

Assets Under Management:
$131.8 million1
Portfolio Managers:

Scott Pavlak, CFA
Peter Mahoney
Benchmark:
ICE BofAML 0–2 Year U.S. Treasury Index2
Inception Date:
June 1, 2012
Available Vehicles:

Separately Managed Accounts

1 Represents total assets included in the STAMP Opportunistic strategy. Based on unaudited estimates and subject to change.

2 The performance benchmark for the STAMP Opportunistic composite is the ICE BofAML0-2 Year U.S. Treasury Index, which is an unmanaged index comprised of short-term Treasury Notes and Bonds with an outstanding par that is greater than or equal to $25 million with a maturity range from zero to two years, reflecting total return, and is presented for discussion purposes only. Please see additional Performance Disclosures in the Performance section. The index data referenced herein is the property of ICE Data Indices, LLC, its affiliates (“ICE Data”) and/or its Third Party Suppliers and has been licensed for use by MetLife Investment Management. ICE Data and its Third Party Suppliers accept no liability in connection with its use. See Performance Disclosures in the Performance section for a full copy of the Disclaimer.

Source ICE Data Indices, LLC (“ICE DATA”), is used with permission. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES NOR THEIR RESPECTIVE THIRD PARTY SUPPLIERS SHALL BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS DO NOT SPONSOR, ENDORSE, OR RECOMMEND METLIFE INVESTMENT MANAGEMENT, OR ANY OF ITS PRODUCTS OR SERVICES.

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

Non-Index Structures include:

  • Capital Securities (Hybrids, Preferreds, Tier 1, Convertibles)
  • Non-Agency MBS
  • U.S. Government and Government Agencies excluded

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.