Enhanced Cash

Strategy Description

The Enhanced Cash strategy seeks liquidity, capital preservation, and current income.

The strategy typically invests in obligations issued or guaranteed by the U.S. government or its agencies, cash equivalents, and/or short-term corporate obligations.

Assets Under Management

$17,592M

Inception

6/30/2014

Benchmark

ICE BofA US 3-Month Treasury Bill Index

Team

Erwin Keith head shot
Keith L. Erwin

Portfolio Manager

Peel Kelley head shot
Kelley K. Peel, CFA

Portfolio Manager

Rhoderick Sean head shot
Sean T. Rhoderick, CFA

Chief Investment Officer

Stevenson Richard head shot
Richard J. Stevenson

Portfolio Manager

Kailin Elise head shot
Elise Kailin, CFA

Assistant Portfolio Manager

Composite Investment Results

Enhanced Cash Composite
Gross of Fees Return (%)
QTD 1.51
YTD 4.23
1 Year 5.78
3 Year* 3.64
5 Year* 2.46
Since Inception* 1.76
Enhanced Cash Composite
Net of Fees Return (%)
QTD 1.47
YTD 4.11
1 Year 5.63
3 Year* 3.48
5 Year* 2.31
Since Inception* 1.61
ICE BofA US 3-Month Treasury Bill Index
Benchmark Return (%)
QTD 1.37
YTD 4.03
1 Year 5.46
3 Year* 3.49
5 Year* 2.32
Since Inception* 1.61

As of 9/30/2024. 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.

Enhanced Cash Composite
Gross of Fees Return (%)
2023 5.28%
2022 1.41%
2021 0.11%
2020 0.86%
2019 2.42%
2018 1.98%
2017 1.02%
2016 0.57%
2015 0.19%
2014 0.06%
Enhanced Cash Composite
Net of Fees Return (%)
2023 5.13%
2022 1.26%
2021 -0.03%
2020 0.71%
2019 2.27%
2018 1.83%
2017 0.87%
2016 0.42%
2015 0.05%
2014* -0.01%
ICE BofA US 3-Month Treasury Bill Index
Benchmark Return (%)
2023 5.01%
2022 1.46%
2021 0.05%
2020 0.67%
2019 2.28%
2018 1.87%
2017 0.86%
2016 0.33%
2015 0.05%
2014 n/a

As of 9/30/2024. 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.

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