An intermediate-term corporate bond fund that seeks
to provide a high level of current income.
Investment Strategy:
The
fund seeks to achieve its objective by:
Investing at least 80% in fixed income securities, primarily
corporate bonds, and up to 20% in other income-producing
securities, such as REIT's and corporate preferred securities
Building a diversified portfolio of investment grade and
non-investment grade corporate bonds that primarily have
intermediate maturities between 2 and 10 years
Discovering fixed income opportunities by understanding
a company's value from an equity and credit perspective
Creating a portfolio where at least 50% of the bond holdings
are in the top 5 credit rating grade categories
Uncovering investment potential by understanding value
through fundamental bottom-research
Following a time-tested buy and sell process
Portfolio Managers: Hobart C. Buppert, II
Hoby Buppert has managed the fund since its inception.
He has 36 years of portfolio management experience and 27 years tenure with ABIM.
R. Hutchings Vernon, CFA
Hutch Vernon joined the fund in 2008. He has 26 years of portfolio management experience and
14 years tenure with ABIM.
Nina K. Yudell
Nina Yudell joined the fund in 2008. She has 26 years of portfolio management experience and
15 years tenure with ABIM.