INVESTMENT STRATEGIES

Striving to deliver superior, risk-adjusted returns through innovative equity, fixed income, multi-asset, and alternative solutions.

Equity

Enhanced Dividend Income Strategy (EDIS)

EDIS targets a portfolio level dividend yield of two times the S&P 500 dividend yield and seeks capital appreciation over a multi-year investment horizon principally through investments in U.S. large cap stocks, while maintaining low volatility versus the broader U.S. large-cap equity market.

Meet one of the Portfolio Managers - Mark Horst

Enhanced Dividend Income Strategy (EDIS): Separate Account


Dividend Growth Strategy

A long-term, low turnover approach that seeks to outperform the S&P 500 Index on a risk adjusted basis by investing in high-quality companies that are either established dividend payers or are dividend initiators and that are expected by the investment manager to appreciate based on future earnings growth, strong cash flows, and growing dividends.

Meet one of the Portfolio Managers - Andy Hopkins

Dividend Growth Strategy: Separate Account


Large-Cap Strategy

Seeks to achieve long-term capital appreciation by investing at least 80% of the value of its net assets in a diversified portfolio of U.S. equity securities of large-cap companies.

Meet one of the Portfolio Managers - Andy Hopkins

Large-Cap Strategy Fund: Mutual Fund


Disciplined Core Equity Strategy

Strategy seeks total return by investing principally in high-quality U.S. large-cap companies at reasonable valuations. Strategy seeks superior risk-adjusted returns versus the S&P 500 over a multi-year investment horizon. 

Meet one of the Portfolio Managers - Steve Norcini

Disciplined Core Equity Strategy: Separate Account

International Enhanced Dividend Income Strategy (IEDIS)

Strategy that seeks portfolio yield that is substantially higher than developed international markets while also seeking long-term capital appreciation by investing in international companies with proven business models and a commitment to shareholder returns.

Meet one of the Portfolio Managers - Mark Horst

Enhanced Dividend Income Strategy (IEDIS) International: Separate Account


International Strategy

Seeks to provide long-term capital appreciation, primarily through a diversified portfolio of foreign securities, including common stocks of large-cap and small-cap companies, emerging market securities, and exchange trades funds. The assets are allocated among a number of sub-advisors with experience in managing international investment strategies.

Meet one of the Portfolio Managers - Clem Miller

International Fund: Mutual Fund

Alternatives

Global Alpha Equities Strategy

Seeks to achieve long-term growth of capital with lower volatility than broader equity markets. The Fund retains Wellington Management LLP. to construct an actively managed, global and diversified portfolio of equity securities, and implements an index based hedging strategy in an effort to reduce the severity of portfolio losses in times of market downturns.

Meet one of the Portfolio Managers - Jordan Strauss

Global Alpha Equties Fund: Mutual Fund

Real Asset Strategy

Seeks to achieve long-term preservation of capital with current income by investing in “real return” assets principally consisting of global inflation debt protected securities, global real estate securities, and commodity/natural resource related securities.

Meet one of the Portfolio Managers - Jordan Strauss

Real Asset Fund: Mutual Fund

Multi-Asset

Diversified Income Strategy

Seeks a high level of total return consistent with a moderate level of risk by investing primarily in a diverse portfolio of high yielding, exchange traded, domestic and foreign common stocks of all capitalizations, and in a portfolio of investment-grade and non-investment-grade fixed income securities.

Meet one of the Portfolio Managers - Allen Choinski

Diversified Income Fund: Mutual Fund

Fixed Income

Intermediate National

Seeks a high level of income exempt from federal income tax, consistent with capital preservation, by principally investing in municipal fixed income securities. The municipal fixed income team works to identify investment opportunities at the short end of the yield curve (seeks to maintain weighted average maturity of 3-10 Years). In selecting securities, the team focuses on credit analysis, the relative values of different sectors of the market, geographic diversity and securities with different and potentially advantageous structures.

Meet one of the Portfolio Managers - Becky Rogers

Total Return Intermediate National Strategy: Separate Account

Municipal Bond Fund: Mutual Fund


Short-Intermediate National

A disciplined, risk-managed approach to active portfolio management which seeks to generate competitive above-market performance over a multi-year horizon by investing in municipal fixed income securities. The municipal fixed income team works to identify investment opportunities at the short end (average maturity of 2-5 Years) of the yield curve, employing diligent, ongoing credit research and quantitative analysis in an effort to capitalize on temporary market dislocations.

Meet one of the Portfolio Managers - John Malloy

Total Return Short-Intermediate National Strategy: Separate Account


Short National

A disciplined, risk-managed approach to active portfolio management which seeks to generate competitive above-market performance over multi-year horizon by investing in municipal fixed income securities. The municipal fixed income team works to identify investment opportunities at the short end (average maturity of 1-3 Years) of the yield curve, employing diligent, ongoing credit research and quantitative analysis in an effort to capitalize on temporary market dislocations.

Meet one of the Portfolio Managers - John Malloy

Total Return Short National Strategy: Separate Account

Multi-Strategy Income Solution (MSIS)

Seeks to deliver total return from investing in a diverse portfolio of fixed income securities and/or fixed income funds with attractive current income and managed interest rate exposure.

Meet one of the Portfolio Managers - Dan Rambert

Multi-Strategy Income Solution (MSIS): Separate Account


Enhanced Cash Management Strategy

The Enhanced Cash Management strategy uses an approach to short-term investing that seeks to maximize total return, while preserving principal and providing liquidity. This Strategy seeks to take advantage of incremental yield opportunities, at the short end of the yield curve (less than 1 Year weighted average maturity), with short term fixed income securities.

Meet one of the Portfolio Managers - Will Stith

Enhanced Cash Strategy: Separate Account


Limited Duration

The Limited Duration strategy uses an approach to short-term investing that seeks to maximize total return, while preserving principal and providing liquidity. This Strategy seeks to take advantage of incremental yield opportunities, at the short end of the yield curve (weighted average duration of 9-15 months), with short term fixed income securities.

Meet one of the Portfolio Managers - Jim Hannan

Limited Duration Strategy: Separate Account


Short-Term Bond

Seeks to provide current income by investing primarily in U.S. investment grade corporate and U.S. government fixed income securities, including mortgage and asset-backed securities. Generally seeks to maintain a weighted average maturity of three years or less.

Meet one of the Portfolio Managers - Jim Hannan

Short-Term Bond Strategy: Separate Account

Short-Term Bond Fund: Mutual Fund


Core Fixed Income

Seeks to provide current income and secondarily, capital growth by investing primarily in U.S. investment grade corporate and government fixed income securities, including mortgage and asset backed securities. The strategy invests principally in various types of investment grade fixed income securities. Seeks to maintain a dollar-weighted average maturity of four to ten years.

Meet one of the Portfolio Managers - Randy Vogel

Core Fixed Income Strategy: Separate Account

Broad Market Bond Fund: Mutual Fund


Intermediate-Term Bond

Seeks to provide current income and secondarily, capital growth by investing primarily in U.S. investment grade corporate and government fixed income securities with intermediate-term maturities, including mortgage and asset-backed securities. Seeks to maintain a dollar-weighted average maturity of three to five years.

Meet one of the Portfolio Managers - Randy Vogel

Intermediate-Term Bond Strategy: Separate Account

Intermediate-Term Bond Fund: Mutual Fund


U.S. Treasury Money Market

Seeks to provide current income while maintaining liquidity and stability of principal.

Meet one of the Portfolio Managers - Joe Fahey

U.S. Treasury Money Market Fund: Mutual Fund


U.S. Government Money Market

Seeks to provide current income while maintaining liquidity and stability of principal.

Meet one of the Portfolio Managers - Joe Fahey

U.S. Treasury Money Market Fund: Mutual Fund