Short Duration Fixed Income Strategy

The strategy seeks to outperform the Bloomberg 1-3 Year US Gov/Credit Index over a full market cycle by covering the global fixed income universe while tactically adjusting risk exposure within a relative value framework.

10+ year track record with a focus on consistent returns
Investment process that balances risk appetite, sector allocation, and security selection
Dynamic and proprietary approach to managing risk throughout cycle
Emphasize bottom-up, fundamental security selection
Supported by a team of 35+ investment professionals

Short Duration Fixed Income Commentary (PDF)

Short Duration Fixed Income Fact Sheet (PDF)

Short Duration

STYLE

Bloomberg 1-3 Year US Gov/Credit

BENCHMARK

July 1, 2011

INCEPTION

$446 Million

ASSETS UNDER MANAGEMENT

As of 9/30/2024

US Short Duration – Gov/Cred Fixed Income

EVESTMENT UNIVERSE

Separate Account

INVESTMENT VEHICLE

Philosophy

We believe that in order to consistently generate attractive risk-adjusted long-term outperformance, we need to:

Adjust risk through the cycle
Efficiently allocate risk on a relative value basis
Drive security selection decisions down to analyst level – “Sector PMs”
Avoid outsized positions in rates

Portfolio Construction

Investment universe includes U.S. Government, agencies, asset-backed securities, mortgage-backed securities, and investment grade credit
Maximum of 5% in any one issuer (excluding U.S. government issued securities)
Duration range of +/- 0.5 years relative to benchmark
Primarily focused on investment grade securities

Management Team

Daniel J. Carter, CFA

Managing Director, Senior Portfolio Manager

Career Summary
Ohio Casualty Group
Provident Financial Group

Education
BS - Miami University

Meet Daniel Carter

Austin R. Kummer, CFA

Managing Director, Senior Portfolio Manager

Career Summary
Fort Washington Investment Advisors, Inc.

Education
BBA - Ohio University
MBA - Xavier University

Meet Austin Kummer

Garrick T. Bauer, CFA

Managing Director, Portfolio Manager and Head of Credit

Career Summary
Wellington Management Company
Summit Investment Partners
PricewaterhouseCoopers

Education
BS - Miami University
MBA - University of Virginia

Meet Garrick Bauer

Paul A. Tomich, CFA

Vice President, Senior Portfolio Manager

Career Summary
Fort Washington Investment Advisors, Inc.

Education
BSBA - Xavier University

Meet Paul Tomich

Scott D. Weston

Managing Director, Senior Portfolio Manager

Career Summary
Countrywide Investments
Midwest Group of Funds

Education
BA - University of Utah
MBA - University of Cincinnati

Meet Scott Weston

Brendan M. White, CFA

Senior Vice President, Co-Chief Investment Officer

Career Summary
Ohio Casualty Corporation

Education
BS - The Ohio State University
MBA - Xavier University

Meet Brendan White

Meet Fixed Income Team

Resources

Short Duration Fixed Income Commentary (PDF)

Short Duration Fixed Income Fact Sheet (PDF)

Connect with Fort Washington

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