JIBEX

About JIBEX

Johnson Institutional Intermediate Bond Fund Class I is an actively managed mutual fund focused on investment‑grade U.S. fixed income. Its primary objective is to deliver a high level of income over the long term while emphasizing preservation of capital, positioning the portfolio’s risk, return, and income characteristics to align with bonds in the three‑ to five‑year range. The fund maintains a diversified mix of government, government‑related, corporate, and securitized debt, with a philosophy that fixed income should anchor portfolios and provide reliable compounding income. Management applies strict credit discipline, overweights lower‑beta, shorter‑duration credit, and uses longer‑duration U.S. government securities as a liquidity and hedging tool, targeting a neutral duration slightly longer than its intermediate government/credit benchmark. As of late 2024, the fund reported an effective duration near four years and a 30‑day SEC yield for Class I reflecting its income focus. Established in 2000 and managed by a seasoned team at Johnson Investment Counsel, it sits within the U.S. intermediate core bond category, aiming to balance income generation with measured interest‑rate and credit risk across market cycles.