U.S. Fixed Income Team

Time-Tested Process, Tenured Investment Team

Our approach blends top-down risk budgeting with bottom-up security selection with a goal of delivering consistent, competitive risk-adjusted returns through differentiated exposures within fixed-income sectors.

WHAT WE BELIEVE

Active management within the fixed-income market can lead to opportunities for consistent, risk-adjusted returns.

The team delivers this through:

Fundamental Research: Expressing top-down views via sector allocation combined with bottom-up fundamental research and disciplined relative value analysis
Robust Risk Management: Operating within a risk-controlled framework to seek diversified sources of risk-adjusted alpha and to mitigate downside
Time-Tested Investment Process: Employing a time-tested, repeatable process executed by a tenured investment team focused on active management

WHY THIS MATTERS

Incorporating a time-tested process coupled with a tenured investment team focused on active management can lead to consistent, risk-adjusted results for investors seeking stable income and total return potential.

SEE WILLIAM BLAIR’S U.S. FIXED INCOME STRATEGIES

Core Fixed Income
Diversified, core fixed-income portfolio that applies a highly selective approach to identify our best ideas in the corporate and structured product sectors. LEARN MORE

Short Duration Bond
Diversified portfolio of investment-grade, liquid fixed-income securities with focus on consistent risk-adjusted returns with current income. LEARN MORE

Ultra-Short Duration Bond
High quality, short duration investment-grade diversified portfolio with focus on capital preservation, liquidity, and income generation. LEARN MORE

Sustainable Fixed Income
Diversified portfolio focused on current income and capital appreciation emphasizing investments that make positive impact through the lens of environmental, social and governance (ESG) issues. LEARN MORE

Our time-tested, repeatable investment process has demonstrated the ability to generate consistent, competitive returns.

TIME-TESTED INVESTMENT APPROACH

Fundamental Research

Expressing top-down views via sector allocation combined with bottom-up fundamental research and disciplined relative value analysis

Robust Risk Management

Operating within a risk-controlled framework to seek diversified sources of risk-adjusted alpha and to mitigate downside

Time-Tested Investment Process

Employing a time-tested, repeatable process executed by a tenured investment team focused on active management

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Glossary

INDICES
The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, mortgage-backed securities (agency fixed-rate and hybrid ARM pass-throughs), asset-backed securities, and commercial mortgage backed securities.

The MSCI ACWI IMI Index is a free float-adjusted, market capitalization-weighted index that captures large, mid, and small cap representation across developed and emerging markets.

The MSCI ACWI ex-US IMI Index is a free float-adjusted, market capitalization-weighted index that captures large, mid, and small cap representation across developed and emerging markets, excluding the U.S. The Value and Growth Indices are a subset of the Index that adopt a framework for style segmentation in which value and growth securities are characterized using different attributes. Multiple factors are used to identify value and growth characteristics.

The MSCI ACWI Small Cap Index is a free float-adjusted, market capitalization-weighted index that captures small cap representation across developed and emerging markets.

The MSCI Emerging Markets Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance of emerging markets.

The MSCI World Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance of developed markets.

The Russell 2000 Index is a market capitalization-weighted index designed to represent the small cap segment of the U.S. equity universe.

Index performance is for illustrative purposes only. The indices are unmanaged, do not incur fees or expenses, and cannot be invested in directly.

TERMS
Alpha is a measure of an investment’s return in excess of the market’s return, after both have been adjusted for risk.

Beta is a measure of the volatility of an investment relative to the overall market, represented by a comparable benchmark.

Half-life is a statistical measure of the time required for the discrepancy between price and value to contract by half of its starting value. Fundamental value estimates are based on the Dynamic Allocation Strategies team’s proprietary research.

P/E Ratio is a measure of valuation which compares share price to earnings per share, calculated using estimates for the next twelve months.

Standard deviation is a statistical measurement of variations from the average.

QUANTITATIVE MODELS – FACTOR DEFINITIONS
The William Blair Earnings Trend Model captures information about short- and medium-term changes in analyst estimates in an attempt to anticipate future estimate changes and stock performance. The score combines measurements of earnings revisions, momentum, and earnings surprise.

The William Blair Valuation Model combines varying metrics used to characterize the relationship between the stock’s trading price and its intrinsic value. By going beyond using only one or two measures, the model attempts to build a more holistic version of a stock’s worth vis-a-vis the market. The score combines measurements of earnings/cash flow based, asset-based, and model-based factors.

FEATURED TOPICS

U.S. EQUITY

GLOBAL EQUITY

EMERGING MARKETS DEBT

U.S. FIXED INCOME

GLOBAL MACRO

U.S. Fixed Income Team

Our approach blends top-down risk budgeting with bottom-up security selection with a goal of delivering consistent, competitive risk-adjusted returns through differentiated exposures within fixed-income sectors.

SEE WILLIAM BLAIR’S U.S. FIXED INCOME STRATEGIES

Fundamental Research

Robust Risk Management

Time-Tested Investment Process

Gain More Insights

Create an
Enduring Partnership

IMPORTANT INFORMATION

FEATURED TOPICS

U.S. EQUITY

GLOBAL EQUITY

EMERGING MARKETS DEBT

U.S. FIXED INCOME

GLOBAL MACRO

U.S. Fixed Income Team

Our approach blends top-down risk budgeting with bottom-up security selection with a goal of delivering consistent, competitive risk-adjusted returns through differentiated exposures within fixed-income sectors.

SEE WILLIAM BLAIR’S U.S. FIXED INCOME STRATEGIES

Fundamental Research

Robust Risk Management

Time-Tested Investment Process

Gain More Insights

Create an Enduring Partnership

IMPORTANT INFORMATION

Privacy & Security

Cookie Policy

Our use of cookies

Additional Resources

Social Media Disclaimer

Glossary

Create an
Enduring Partnership