Intermediate Bond Strategy
Investment Goal
Investor Profile
Performance Data
Portfolio Strategy
Management Fee
Pinnacle’s Intermediate Bond Portfolio seeks higher yields and total returns than are available with short-terms bonds. The Portfolio invests in investment grade corporate bonds in addition to a core holding of bonds issued by the U.S. Treasury or Federal Agencies.
The Intermediate Bond Portfolio is for the investor who is looking for greater taxable income from a bond portfolio without without taking the risk of low credit quality “junk bonds” or the price volatility risk of long-term bonds. The Portfolio has more price risk than a short-term bond portfolio but the fluctuation in the value of the Portfolio is expected to be lower than long-term bonds and stocks.
* Past performance is no guarantee of future results. Please see our performance disclosure statement for more information.
** For comparison purposes, the composite is measured against US Govt/Credit Index 1-10 Yr. The index consists of investment grade corporate bonds, U.S. Treasury and Federal Agency bonds with maturities ranging from 1-10 years publicly traded in the United States.
Updated: December 31, 2023
Inception: June 1995
Pinnacle’s Intermediate Bond Portfolio invests in securities that are issued by the U.S. Government and its Agencies. These securities have the highest rating of bonds available in the market. Also, the portfolio managers seek to enhance the Portfolio’s return through the purchase of investment grade corporate bonds that offer yield advantages over government bonds. The average maturity of Pinnacle’s Intermediate Bond Portfolio is typically between 3-7 years.
0.50% (one-half percent) annually of the market value of assets in the portfolio. The average corporate bond mutual fund expense ratio is 0.73%
| PORTFOLIO* | 1 YR | 5 YR | 10 YR |
|---|---|---|---|
| Gross of Fees | 5.54% | 2.65% | 2.28% |
| Net of Fees | 5.06% | 2.23% | 1.86% |
| US Gov't/Credit Index 1-10 Yrs.** | 5.21% | 1.58% | 1.76% |
Growth of $10,000