The Core Fixed-Income strategy seeks to outperform the Barclays Capital U.S. Aggregate Bond Index by investing primarily in investment-grade fixed income securities deemed undervalued.
The portfolio management team’s approach is research-driven and value-based. The focus is on investing in high-quality, investment-grade fixed-income securities the team believes appear undervalued with attractive risk/return profiles due to market and structural inefficiencies.
The Core Fixed Income investment strategy employs a disciplined bottom-up approach that emphasizes extensive credit research, yield-curve analysis and ongoing assessments of duration characteristics in an effort to identify undervalued market sectors and individual securities. In-depth analysis of, and comparative valuations for, sectors and individual securities contribute to investment selection. The team leverages TIAA-CREF’s centralized global fixed income research team to help drive credit weightings.
Core Fixed Income portfolios are subject to certain risks such as market and investment style risk. Fixed-income investments are subject to certain risks such as interest rate, inflation, and credit risks.
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