Informa: PSN Top Guns


*Criteria for awards listed beneath

Intermediate Taxable Bond

  • 6/2019 Intermediate Maturity: 5 & 6 stars

  • 3/2019 Core Fixed Income: 5 & 6 stars

  • 12/2018 Core Fixed Income: 2, 5, & 6 stars

  • 12/2018 Intermediate Maturity: 4 stars

  • 12/2018 US Fixed Income: 5 & 6 stars

  • 9/2018 Core Fixed Income: 5 & 6 stars

  • 9/2018 Intermediate Maturity: 4 stars

  • 9/2018 US Fixed Income: 5 stars

  • 6/2018 Core Fixed Income: 5 & 6 stars

  • 6/2018 Intermediate Maturity: 4 stars

  • 6/2018 US Fixed Income: 5 stars

  • 3/2018 Core Fixed Income: 4, 5, & 6 stars

  • 3/2018 Intermediate Maturity: 4 stars

  • 3/2018 US Fixed Income: 5 stars

  • 12/2017 Core Fixed Income: 5 & 6 stars

  • 12/2017 Intermediate Maturity: 4 stars

  • 12/2017 US Fixed Income: 5 stars

  • 9/2017 Core Fixed Income: 5 & 6 stars

  • 9/2017 Intermediate Maturity: 4 stars

  • 9/2017 US Fixed Income: 5 stars

  • 6/2017 Core Fixed Income: 5 & 6 stars

  • 6/2017 Intermediate Maturity: 4 stars

  • 6/2017 US Fixed Income: 5 stars

  • 9/2016 Core Fixed Income: 5 & 6 stars

  • 9/2016 Intermediate Maturity: 4 stars

  • 9/2016 US Fixed Income: 5 & 6 stars

  • 3/2016 Core Fixed Income: 2 & 4 stars

  • 3/2016 Intermediate Maturity: 2 & 4 stars

  • 3/2016 US Fixed Income: 2 stars

  • 12/2015 Core Fixed Income: 1, 2, 3, & 4 stars

  • 12/2015 Intermediate Maturity: 2 & 4 stars

  • 12/2015 US Fixed Income: 4 stars

  • 9/2015 Core Fixed Income: 1, 2, 3, & 4 stars

  • 9/2015 Intermediate Maturity: 1, 2, & 4 stars

  • 9/2015 US Fixed Income: 4 stars

  • 6/2015 Core Fixed Income: 2 & 4 stars

  • 6/2015 Intermediate Maturity: 2 & 4 stars

  • 12/2013 Intermediate Maturity: 4 stars

  • 3/2013 Core Fixed Income: 1 star

  • 6/2011 Core Fixed Income: 1 star

  • 6/2011 Intermediate Maturity: 1 star

  • 6/2010 Core Fixed Income: 5 stars

  • 3/2009 Core Fixed Income: 1 star

  • 3/2007 Municipals: 1 star

Intermediate Municipal Bond

  • 6/2019 Municipals: 5 & 6 stars

  • 3/2019 Municipals: 5 & 6 stars

  • 12/2018 Municipals: 5 stars

  • 6/2018 Municipals: 5 stars

  • 3/2018 Municipals: 5 & 6 stars

  • 12/2017 Municipals: 5 & 6 stars

  • 6/2017 Municipals: 5 stars

  • 12/2015 Intermediate Maturity: 2 stars

  • 12/2015 Municipals: Decade

  • 12/2015 US Fixed Income: 4, 5, & 6 stars

  • 9/2015 Intermediate Maturity: 4 stars

  • 9/2015 Municipals: 2 stars


Criteria for awards:

The PSN universes were created using the information collected through the PSN investment manager questionnaire and use only gross of fee returns. Mutual fund and commingled fund products are not included in the universe. PSN Top Guns investment managers must claim that they are GIPS compliant. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for a five year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. At this point, the top ten performers for the latest 3 year period become the 4 STAR TOP GUNS. Products are then selected which have a standard deviation for the five year period equal or less than the median standard deviation for the peer group. The top ten performers for the latest 3 year period become the 5 STAR TOP GUNS. The top ten information ratios for the latest five-year period ending then become the 6 STAR TOP GUNS.

1-Star Category: Products with this rating were top ten performers within their respective universes, based on quarterly returns.

2-Star Category: These products were top ten performers within their respective universes, based on returns for the one-year period.

3-Star Category: These products were top ten performers within their respective universes, based on returns for the three-year period.

4-Star Category: Products with this rating must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. The top ten returns for the latest three-year period then become the TOP GUNS.

5-Star Category: Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. After that they select only the products which standard deviation for the five-year period is equal or less than the median standard deviation for the peer group. The top ten returns for the latest three-year period then become the TOP GUNS.

6-Star Category: Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, products must have returns greater than the style benchmark for the three latest three-year rolling periods. After that they select only the products which standard deviation for the five-year period is equal or less than the median standard deviation for the peer group. The top ten information ratios for the latest five-year period then become the TOP GUNS.

Manager of the Decade: Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the latest 10-year period. Moreover, products must have returns greater than the style benchmark for the latest 10-year period and also Standard Deviation less than the style benchmark for the latest ten year period. At this point, the top-10 performers for the latest 10-year period become the PSN Top Guns of the Decade.

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