Mesirow Strategic Fixed Income - Short (S:0P0000Y770)
16.04
+0.12
(+0.75%)
USD |
May 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 | |
| Sector weightings begin with the client’s benchmark index. The benchmark sector weightings are adjusted to achieve more optimal neutral (or starting) weights relative to the benchmark index itself in terms of expected return and volatility. Sector weightings are then adjusted on a tactical basis as the market presents opportunities. These tactical weighting recommendations are made by the respective sector specialists and approved by the senior strategy team. They are based on criteria such as: yield spreads relative to other sectors and historical norms, impending supply, sector specific credit fundamentals and our position in the economic cycle. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Short-Term Bond |
| Category Index | Bloomberg US Govt/Credit 1-3 Yr TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Mesirow Financial Investment Management, Inc. |
| Prospectus Benchmark Index | |
| Bloomberg 50%1-3Y Gvt/50%1-3Y Crp TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Peter Hegel | 19.18 yrs |
Annual Total Returns Versus Peers
As of May 31, 2024.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
United States Treasury Notes
|
3.23% | -- | -- |
|
United States Treasury Notes
|
3.15% | -- | -- |
|
United States Treasury Notes
|
3.00% | -- | -- |
|
United States Treasury Notes
|
2.97% | -- | -- |
|
United States Treasury Notes
|
2.91% | -- | -- |
|
United States Treasury Notes
|
2.89% | -- | -- |
|
United States Treasury Notes
|
2.73% | -- | -- |
|
United States Treasury Notes
|
2.52% | -- | -- |
|
United States Treasury Notes
|
1.30% | -- | -- |
|
United States Treasury Notes
|
1.24% | -- | -- |
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 | |
| Sector weightings begin with the client’s benchmark index. The benchmark sector weightings are adjusted to achieve more optimal neutral (or starting) weights relative to the benchmark index itself in terms of expected return and volatility. Sector weightings are then adjusted on a tactical basis as the market presents opportunities. These tactical weighting recommendations are made by the respective sector specialists and approved by the senior strategy team. They are based on criteria such as: yield spreads relative to other sectors and historical norms, impending supply, sector specific credit fundamentals and our position in the economic cycle. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Short-Term Bond |
| Category Index | Bloomberg US Govt/Credit 1-3 Yr TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Mesirow Financial Investment Management, Inc. |
| Prospectus Benchmark Index | |
| Bloomberg 50%1-3Y Gvt/50%1-3Y Crp TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Peter Hegel | 19.18 yrs |
Fundamentals
Fund Details
| Key Dates | |
| Inception Date | 4/1/2005 |
| 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 |