The Core Plus strategy seeks to provide stable income and deliver competitive risk-adjusted returns versus the benchmark.
The strategy typically invests in investment-grade corporate bonds, mortgage-backed securities, AAA-rated asset-backed securities, and U.S. Treasury bonds.
For additional yield and total return potential, the strategy may invest up to 20% of the portfolio in high-yield securities.
$523M
12/31/1999
Bloomberg U.S. Aggregate Bond Index
Senior Portfolio Manager
Industry Experience: 17 years
Education:BBA, University of Notre Dame; MBA, University of Chicago
John is lead portfolio manager for long duration strategies and also leads the firm's Quantitative & Risk Analytics team. Prior to joining the firm in 2010, John served as a senior analyst managing corporate merger and divestiture transactions for various business units within PNC Financial Services Group. Previously, he served as a senior auditor at Ernst & Young. John graduated magna cum laude with a Bachelor of Business Administration in accounting from the University of Notre Dame and a Master of Business Administration in finance, economics, and strategy from the University of Chicago Booth School of Business. John also holds the Chartered Financial Analyst® (CFA) designation.
Chief Investment Officer
Industry Experience: 29 years
Education:BBA, James Madison University
Sean is managing director and chief investment officer of PNC Capital Advisors. Drawing on his extensive experience in fixed income research and portfolio management, he leads the team's overall investment strategy and process and directs the implementation of these ideas across the firm's investment solutions. Prior to joining the firm in 2004, Sean spent six years at Freddie Mac in credit research and four years as a bank credit analyst at the rating agency LACE Financial Corporation (now Kroll Bond Rating Agency). Sean graduated cum laude with a Bachelor of Business Administration from James Madison University. He also holds the Chartered Financial Analyst® (CFA) designation.
Head of Structured TradingPortfolio Manager
Education:BA, Dartmouth College; MS, Loyola University Maryland
As head of structured trading, Jason is responsible for implementing the team's structured product strategy across PCA's investment solutions as well as providing primary research coverage of the asset-backed, agency mortgage, and commercial mortgage-backed securities sectors. He also serves as portfolio manager of the firm's core investment strategies. Jason joined the firm in 2007 after three years in PNC's Treasury division. Jason graduated with a Bachelor of Arts in economics from Dartmouth College and a Master of Science in finance from Loyola University Maryland. Jason also holds the Chartered Financial Analyst® (CFA) designation.
As of 12/31/23. Source: Advent Portfolio Exchange® (APX). Performance returns are presented gross and net of fees and include the reinvestment of all income. Gross of fee performance returns do not reflect the payment of investment advisory fees and other expenses related to your account. Actual returns will be reduced by the advisory fee specific to your account and other expenses that may be incurred in the management of the account. Please refer to our GIPS® report, which includes additional disclosures. Past performance is no guarantee of future results.
As of 6/30/23. Source: Advent Portfolio Exchange® (APX). Performance returns are presented gross and net of fees and include the reinvestment of all income. Gross of fee performance returns do not reflect the payment of investment advisory fees and other expenses related to your account. Actual returns will be reduced by the advisory fee specific to your account and other expenses that may be incurred in the management of the account. Please refer to our GIPS® report, which includes additional disclosures. Past performance is no guarantee of future results.