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 3/31/2019 QTD YTD 1 YEAR 3 YEAR 5 YEAR 10 YEAR Since Inception Inception Date
Glenmede Intermediate Government/Credit (Gross) 2.4% 2.4% 4.5% 1.7% 2.1% 3.0% 4.5% 12/31/1999
Glenmede Intermediate Government/Credit (Net) 2.3% 2.3% 4.1% 1.3% 1.7% 2.6% 4.1%  
Barclays Intermediate Government/Credit 2.3% 2.3% 4.2% 1.7% 2.1% 3.1% 4.4%  

Calendar Year Returns

  Glenmede Gross Glenmede Net Barclays Intermediate
Government/Credit
Gross +/-
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%