Macquarie US Long Duration Fix-Inc (S:0P00003H1G)
50.24
+0.90
(+1.82%)
USD |
Mar 31 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
---|---|---|---|
Upgrade | Upgrade | Upgrade | -- |
Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
Investment Strategy | |
We believe the fixed income markets are efficient with respect to interest rate risk, but regularly mis-price securities that are exposed to credit, prepayment, and liquidity risks. We further believe that focusing on security and sector selection within a duration neutral portfolio is the most effective strategy to exploit these inefficiencies. Proprietary, bottom-up, fundamental research coupled with superior trading is the best technique for realizing the relative value of individual securities and market sectors. We employ a bottom-up, effective duration neutral investment style where in-depth fundamental research is the cornerstone of our investment process |
General | |
Security Type | Separately Managed Account |
Equity Style | -- |
Fixed Income Style | Medium Quality/Extensive Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Long-Term Bond |
Category Index | Bloomberg US Govt/Credit Long TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Fund Owner Firm Name | Macquarie Asset Management |
Prospectus Benchmark Index | |
LB Long US Corporate | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Michael Wildstein | 9.51 yrs |
Kashif Ishaq | 3.92 yrs |
Annual Total Returns Versus Peers
As of March 31, 2024.
Asset Allocation
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
T-Mobile USA, Inc. 3%
|
1.36% | -- | -- |
Northrop Grumman Corporation 5.2%
|
1.35% | -- | -- |
At&T
|
1.34% | -- | -- |
Amgen
|
1.34% | -- | -- |
Oracle Corp. 3.6%
|
1.30% | -- | -- |
Vistra Operations Co LLC 6.95%
|
1.28% | -- | -- |
Diamondback Energy Inc 4.25%
|
1.27% | -- | -- |
Aercap Ireland Cap Limited
|
1.27% | -- | -- |
JPMorgan Chase & Co. 3.11%
|
1.25% | -- | -- |
Royalty Pharma PLC 3.35%
|
1.25% | -- | -- |
Fees & Availability
Fees | |
Negotiable Fee |
|
Administrative Fee | -- |
Maximum Management Fee | Upgrade |
Prospectus Custodian Fee | -- |
Trustee Fee | -- |
Purchase Details | |
Open to New Investors |
|
Open to Existing Investors |
|
Minimum Initial Investment | -- |
Minimum Subsequent Investment | -- |
Basic Info
Investment Strategy | |
We believe the fixed income markets are efficient with respect to interest rate risk, but regularly mis-price securities that are exposed to credit, prepayment, and liquidity risks. We further believe that focusing on security and sector selection within a duration neutral portfolio is the most effective strategy to exploit these inefficiencies. Proprietary, bottom-up, fundamental research coupled with superior trading is the best technique for realizing the relative value of individual securities and market sectors. We employ a bottom-up, effective duration neutral investment style where in-depth fundamental research is the cornerstone of our investment process |
General | |
Security Type | Separately Managed Account |
Equity Style | -- |
Fixed Income Style | Medium Quality/Extensive Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Long-Term Bond |
Category Index | Bloomberg US Govt/Credit Long TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Fund Owner Firm Name | Macquarie Asset Management |
Prospectus Benchmark Index | |
LB Long US Corporate | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Michael Wildstein | 9.51 yrs |
Kashif Ishaq | 3.92 yrs |
Fundamentals
Fund Details
Key Dates | |
Inception Date | 11/2/1998 |
Last Annual Report Date | 12/31/2023 |
Last Prospectus Date | -- |
Attributes | |
Index Fund | No |
Inverse Fund | No |
Leveraged Fund | No |
Fund of Funds | No |
Currency Hedged Fund | No |
Synthetic Replication Fund | No |
Has Dividend Investment Plan | No |
Socially Responsible Fund | No |