Long Duration Government/Credit

Actively managed long duration strategy targeting an excess return over the Barclays Capital U.S. Long Government/Credit Index or similar benchmark. Strategy has historically generated its excess return in equal increments of top-down sector allocation and bottom-up subsector and security selection, with an emphasis on the credit and “spread” sectors.

Approach

  • Emphasis on high-quality spread products
  • Research-driven subsector and security selection
  • Modest sector rotation

Distinguishing Characteristics

  • Reduces a portion of interest rate risk
  • Good first step toward liability management
  • Focus on generating excess returns from relative value security selection and trading
  • Comprehensive approach to risk management
  • Dedicated teams of credit and quantitative analysts specialize by sector

As of March 31, 2014. There can be no assurance that these objectives will be met. Read benchmark descriptions.

Contact a representative for more information on this strategy.

Contact Us

Back to Investment Strategies

Strategy Highlights

  • Decades of experience managing long duration portfolios
  • 16-year track record in Long Duration Government/Credit Strategy
  • $57 billion in long duration assets under management
  • 12-member investment management team
  • Senior Portfolio Manager has 25 years of investment experience
  • Long Duration Government/Credit team averages 21 years of investment experience and 19 years with Prudential
  • Supported by firmwide resources of credit analysts, quantitative research and risk management analysts, and sector teams