Investment Strategies
SKBA offers investors a focused strategy line of value-based strategies to meet
the objectives of institutions and private clients. SKBA designs portfolios to fit client objectives
and needs using disciplined investment strategies developed by our investment team. Our equity strategies
include ValuePlus, Value Opportunity, and Socially Responsible Value. The strategies are differentiated by the
screening criteria used to define each strategy's research universe and the characteristics of the portfolios.
Our fixed income strategy is Flexible Bond.
Our strategies complement a variety of long term investment objectives. Whether it be
separately managed accounts, mutual funds or model portfolios SKBA is confident that we can help meet your
investment objectives.
ValuePlus is a value-oriented investment strategy which seeks to achieve long-term capital appreciation by investing in undervalued equity securities. The portfolio also provides meaningful current income by investing in equities with dividend yields in excess of the market. The strategy is designed for clients who desire the potential long-term real economic returns of the stock market alongside of current income which is designed to dampen portfolio volatility.
- Style
- Approach
- Inception
- Average Number of Holdings
- Market Capitalization
- Value
- Bottom-up fundamental
- October 1, 1989
- 40 - 60
- Large, > $2 Billion
Value Opportunity is a value-oriented investment strategy which seeks to achieve long-term capital appreciation by investing in undervalued equity securities. The strategy uses a company's relative market capitalization to revenues to ascertain a historical framework for investment. The research process attempts to discover stock prices lower than companies' terminal net worth.
- Style
- Approach
- Inception
- Average Number of Holdings
- Market Capitalization
- Value
- Bottom-up fundamental
- July 1, 1996
- 40 - 60
- Mid - Large, > $2 Billion
Socially Responsible Value is a value-oriented investment strategy which seeks to achieve long-term capital appreciation by investing in undervalued equity securities while meeting our clients' environmental, social, and governance screening criteria. The strategy utilizes the firm's established value approaches to select securities from a socially screened universe.
- Style
- Approach
- Inception
- Average Number of Holdings
- Market Capitalization
- Value
- Bottom-up fundamental with ESG screens
- January 1, 2000
- 40 - 60
- Mid - Large, > $2 Billion
Flexible Bond is a portfolio of U.S. dollar-denominated fixed income securities which seeks to produce interest income, to preserve capital, to offset the erosion in purchasing power due to price inflation, and to exceed the total return of the Barclays Capital Government/Credit Bond Index. The team uses active interest rate anticipation and the analysis of quality spreads to determine the composition of issues held in a portfolio.
- Style
- Inception
- Eligible Securities
- Target Duration
- Benchmark
- Active/Macro
- January 1, 1990
- Investment grade government, agency, and corporate issues
- 3 - 8 years
- Barclays Capital U.S. Government/Credit Bond
