Research-driven corporate bond strategy. Total-return approach focused on generating income from USD-denominated securities. Our in-depth research ensures consistent returns with low correlation to equity markets.
- Astute Selection: Carefully selected positions based on thorough analysis targeting the “belly of the curve” (3-7 years)
- Flexibility: Active management and strategic adjustments to position portfolio appropriately for the environment while not held to a stringent mandate
- Credit Focus: Emphasis on creditworthiness and adherence to rigorous standards
Richard Ryskalczyk, CFA
Co-Managing Partner, Lead Portfolio Manager
Aaron VandeGuchte, CFA
Partner, Chief Equity Analyst
Mark Larry, CFA
Partner, Senior Equity Analyst
Tim Myers, CFA
Equity Analyst
Our primary goal is to produce a superior risk-adjusted return on our clients’ capital.
Total Returns
AS OF 6/30/2025
*Inception of the Corporate Bond Wrap Composite is 2/28/2009. Past performance is not a guarantee of future results. Individual investor results may vary. Performance may be materially affected by market and economic conditions. Net-of-fee performance reflects the deduction of a 3.0% model wrap fee, which is the maximum anticipated fee for portfolios in which Sandhill acts as a sub-adviser. The model fee is applied monthly by deducting 1/12th of the annualized rate from gross returns. Actual fees may vary. Returns for periods less than one year are not annualized. Gross-of-fee returns do not reflect the deduction of any fees, transaction costs, or other expenses. The Corporate Bond Wrap Composite includes all discretionary wrap-fee paying accounts invested solely in individual U.S. corporate bonds and cash equivalents. Bonds held in the strategy are typically rated from single B to single A and generally have maturities between three and nine years. The strategy is designed to provide income, capital preservation, and lower volatility through disciplined security selection and credit quality focus. The benchmark for this strategy is the Bank of America/Merrill Lynch 3–5 Year Corporate Bond Index. This index represents the performance of U.S. dollar-denominated investment-grade corporate bonds with maturities between three and five years. It is unmanaged, includes reinvested interest, and does not reflect fees or expenses. It is not available for direct investment. Third-party information is believed to be accurate but is not guaranteed. Interest, dividends, and capital gains in the composite are not immediately reinvested.
Calendar Year Returns
AS OF 6/30/2025
Sandhill Investment Management is a registered investment advisor with the Securities & Exchange Commission. Past performance is not indicative of future performance. Net-of-fee performance represents the deduction of a 3.0% model fee, which is the maximum anticipated wrap fee for portfolios in which we act as a sub-adviser. Sandhill strategies are offered as separate accounts. Sandhill Corporate Bond WRAP is a composite of separately managed accounts. This graph is for informational purposes only.
*Sample Holdings are representative of current holdings, however, this is not a model portfolio and each client’s individual holdings will vary significantly. Sandhill will structure a highly diversified portfolio for each client account based on availability of issues and the prevailing interest rate environment.