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Low Duration Bond Fund – Overview

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Objective
The Low Duration Bond Fund seeks to maximize current income consistent with preservation of capital.

Description
The Low Duration Bond Fund is a short-term bond fund that seeks to outperform the Merrill Lynch 1-3 Year US Treasury Index on a consistent basis, while maintaining overall risk similar to the index. The Low Duration Bond Fund will maintain an average duration of between 0 and 3 years. Investments can include government and corporate debt securities, mortgage and asset-backed securities, money market instruments and derivatives. The Fund can invest up to 10% in issues rated below BB, but not lower than B.

Management Team
All of MetWest's mutual funds and investment strategies are team-managed with a generalist/specialist structure. The Low Duration Bond Fund team has four managers:

Tad Rivelle
Joined MetWest: 1996
Education: Yale (B.S.), USC (M.S.),
UCLA (M.B.A.)

Steve Kane, CFA
Joined MetWest: 1996
Education: UC, Berkeley (B.S.),
University of Chicago (M.B.A.)

Laird Landmann
Joined MetWest: 1996
Education: Dartmouth (B.A.),
University of Chicago (M.B.A.)

David Lippman
Joined MetWest: 2001
Education: Drew University (B.A.),
Hofstra University (J.D.)




 
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