The Ultra Short Duration strategy seeks income stability, capital preservation, and liquidity, with a goal of delivering superior risk-adjusted returns versus the benchmark.
The strategy typically invests in investment-grade corporate bonds, commercial paper, AAA-rated asset-backed securities, and U.S. Treasury bonds.
$603M
12/31/2002
ICE BofA 1-Year U.S. Treasury Index
Senior Portfolio Manager
Industry Experience: 27 years
Education:BS, State University of New York at Geneseo; MBA, University of Rochester
Mark is lead portfolio manager for short duration strategies and is also the head of structured product research. Prior to joining the firm in 2002, he was with National City Corporation's Equity Sponsor Group, involved with senior debt lending for equity buyouts. Mark graduated with a Bachelor of Science from State University of New York, Geneseo and a Master of Business Administration from The University of Rochester. Mark also holds the Chartered Financial Analyst® (CFA) designation.
Industry Experience: 25 years
Education:BS, Miami University (Ohio); MBA, Case Western Reserve University
Rich leads the team's high yield strategy efforts across the firm›s investment solutions, partnering with other portfolio managers and analysts to implement high yield securities in their portfolios. He also serves as co-portfolio manager for short-duration strategies and as a credit analyst specializing in oil & gas pipelines. He joined the firm in 2004 after seven years as a financial analyst with National City Corporation's Institutional Asset Management division. Rich graduated with a Bachelor of Science from Miami University, Ohio and a Master of Business Administration from Case Western Reserve University. Rich also holds the Chartered Financial Analyst® (CFA) designation.
Chief Investment Officer
Industry Experience: 28 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.
As of 12/31/22. 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®-compliant presentation, which includes additional disclosures. Past performance is no guarantee of future results.