Intermediate Government

/Credit Strategy

GIM’s disciplined approach to fixed income management is long-term and risk-averse. GIM seeks to deliver attractive risk-adjusted returns by constructing portfolios that have the potential to provide price stability during periods of interest rate volatility.

Highlights

  • Investment process guided by diversification, liquidity and low risk
  • Benchmarked to the Barclays Intermediate Government Credit
  • Focuses on intermediate securities and avoids the long end of the market
  • Inception date of December 31, 1999

Portfolio Managers

  • Stephen J. Mahoney

    Portfolio Manager, Taxable Fixed Income
  • John F. Thomas, CFA

    Portfolio Manager, Fixed Income
 
As of 12/31/2020 QTD YTD 1 YEAR 3 YEAR 5 YEAR 10 YEAR Since Inception Inception Date
Glenmede Intermediate Government/Credit (Gross) 0.3% 5.9% 5.9% 4.4% 3.4% 3.0% 4.6% 12/31/1999
Glenmede Intermediate Government/Credit (Net) 0.2% 5.5% 5.5% 4.0% 3.0% 2.6% 4.2%  
Barclays Intermediate Government/Credit 0.5% 6.4% 6.4% 4.7% 3.6% 3.1% 4.6%  

Calendar Year Returns

  Glenmede Gross Glenmede Net Barclays Intermediate
Government/Credit
Gross +/-
2020 5.9% 5.5% 6.4% -0.6%
2019 6.5% 6.0% 6.8% -0.3%
2018 1.0% 0.6% 0.9% 0.2%
2017 2.2% 1.8% 2.1% 0.1%
2016 1.7% 1.3% 2.1% -0.4%
2015 1.3% 0.9% 1.1% 0.2%
2014 2.7% 2.3% 3.1% -0.5%
2013 -0.5% -0.9% -0.9% 0.3%
2012 3.9% 3.5% 3.9% 0.0%
2011 5.6% 5.2% 5.8% -0.2%
2010 5.4% 5.0% 5.9% -0.5%
2009 5.3% 4.8% 5.2% 0.0%
2008 6.9% 6.5% 5.1% 1.9%
2007 7.3% 6.9% 7.4% -0.1%
2006 4.2% 3.8% 4.1% 0.1%
2005 1.7% 1.3% 1.6% 0.1%
2004 3.0% 2.6% 3.0% -0.1%
2003 3.0% 2.6% 4.3% -1.3%

 

 

This website is for informational purposes only and is not a solicitation for any product or service.  GIM products are actively managed and their characteristics will vary.  All investment has risk, including the risk of loss of principal.  There can be no assurance that efforts to manage risk or to achieve any articulated investment objective will be successful.  An investor should consider investment objectives, risks, charges and expenses carefully before investing. For additional information regarding risks and about the firm, please refer to Related Literature and Disclosures.