Description Process Commentary
 
Fixed Income
Description

Westwood’s actively managed Fixed Income portfolio invests in various high-grade fixed income sectors, including corporate bonds, relative to the appropriate benchmark.  To ensure the quality of this portfolio, the Fixed Income portfolio maintains a high quality average bond rating of AA or higher.  Additionally, Westwood increases the stability of this product by mandating an average maturity between 5 to 10 years.   The fund’s tactical asset ranges keep 75% to 100% in Fixed Income securities and 25% to 0% in cash. 

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