Fixed Income

flexPATH Strategies partners with some of the best investment managers in the industry to make these high quality investments accessible to 401(k) Plan Participants with lower fees.

LordAbbett

Core Bond Fund
(Lord Abbett)

The Core Bond Fund seeks to deliver current income and the opportunity for capital appreciation by investing in a wide range of fixed income securities, including U.S. investment grade and high yield corporate bonds, mortgage-backed, asset-backed, and government-related securities, with select allocations to non-U.S. (including emerging market) debt securities. The sub-advisor to the Fund is Lord Abbett, which has managed a substantially similar strategy since 1998.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

PGIM

Core Plus Bond Fund
(PGIM)

The Core Plus Bond Fund seeks total return by investing in a diversified portfolio of bonds from multiple fixed income sectors. The Fund may be appropriate for investors seeking current income and capital appreciation in a diversified core fixed income fund. The sub-advisor to the Fund is PGIM Investments.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

WAMCO - CPB II

Core Plus Bond II Fund
(Western Asset
Management Company)

The Core Plus Bond II Fund seeks an active, team-managed investment approach around a long-term, value-oriented investment philosophy. These portfolios use diversified strategies and all sectors of the fixed-income market in seeking to add value while minimizing risk. The approach is to construct a portfolio using all major fixed-income sectors with a bias toward non-Treasuries. This strategy allows for opportunistic investments in high yield, emerging markets and non-dollar securities.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

Fund Fact Sheets

Core Bond Fund (Lord Abbett) Class I1 Class I2 Class I3 Class R1 Class R2 Class R3
Core Plus Bond Fund (PGIM) Class I1 Class I2 Class I3 Class R1    
Core Plus Bond II Fund (Western Asset Management Company) Class I1     Class R1