- Objective to maximize total return, minimize volatility, and preserve capital, utilizing all sectors of the fixed income market, including high yield and non-U.S. dollar denominated securities.
- Total Assets $3,817.7 mm
- Inception Date July 1, 2002
Mark Egan, CFA
Clark W. Holland, CFA
Jason J. Hoyer, CFA
Todd C. Thompson, CFA
Stephen T. Vincent, CFA
Dimitri Silva, CFA
The Long Duration Fixed Income Product seeks to maximize total return, minimize volatility, and preserve capital, utilizing all sectors of the fixed income market, including high yield and non-U.S. dollar denominated securities. Long Duration portfolios are high quality and well diversified, with an average portfolio duration generally above eight years.
A long duration portfolio is often utilized by a pension plan sponsor as part of a broader liability-driven investment (LDI) strategy. For information on our capabilities with respect to custom LDI strategies, please visit our Liability Driven Investing topic page.
|Reams||Bloomberg Barclays U.S. Long G/C|
|Average Duration||13.5 Years||16.6 Years|
|Average Maturity||19.6 Years||23.9 Years|
|Yield to Maturity||2.4%||2.7%|
As of June 30, 2021
|Reams||Bloomberg Barclays U.S. Long G/C|
|Cash & Equivalents||2%||0%|
|1 Yr.||3 Yrs.||5 Yrs.||10 Yrs.||Since
|Long Duration (Gross)||1.70%||11.80%||6.74%||8.46%||9.44%|
|Long Duration (Net)||1.57%||11.66%||6.60%||8.30%||9.24%|
|Bloomberg Barclays U.S. Long G/C||-1.86%||9.92%||5.45%||7.30%||7.21%|
Past performance is no guarantee of future results. Performance figures are in U.S. Dollars and assume reinvested income for the entire period. Performance figures stated gross of fees do not reflect the deduction of management fees. Performance results of clients would be reduced by the firm’s management fees. For example, an account with a compounded annual total return of 10% would have increased by 159% over ten years. Assuming an annual management fee of .30%, this increase would be 152%. The firm’s management fees are detailed in its Form ADV Part 2A. All investments involve risk, including the possible loss of principal.
Reams Asset Management is a division of Scout Investments, a registered investment advisor that offers investment management services for both managed accounts and mutual funds. Scout Investments is a wholly owned subsidiary of Carillon Tower Advisers, which in turn is a wholly owned subsidiary of Raymond James Financial.
The firm was previously defined as UMB Institutional Asset Management, a subsidiary of UMB Bank, which managed both institutional and high net worth, trust, and estate assets. On July 1, 2009 the firm transitioned from UMB Bank and became a subsidiary of UMB Financial Corporation in order to focus on institutional investment management. On November 30, 2010, the firm acquired the advisory business of Reams Asset Management Company, LLC. On December 28, 2010, the firm changed its name from Scout Investment Advisors to Scout Investments. On November 17, 2017, Scout Investments was acquired by Carillon Tower Advisers.
Scout Investments, Inc. claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein. To receive a complete list and description of composites and/or a GIPS-compliant performance report, please contact Sarah Couch at 812.372.6606.
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