Vantagepoint's Core Bond Index Fund gets new portfolio managers

By Toni Weeks

San Luis Obispo, Calif., March 20 - Vantagepoint Funds announced a portfolio management change for its Core Bond Index Fund.

According to a 497 filing with the Securities and Exchange Commission, Zandra Zelaya and Gregory Lee were named portfolio managers under subadviser Mellon Capital Management Corp., replacing David Kwan and Lowell Bennett, effective March 1.

The fund seeks current income by approximating the performance of the Barclays U.S. Aggregate Bond index, which is comprised of investment-grade, dollar-denominated, fixed-income securities. Under normal circumstances, the fund invests at least 90% of its assets in bonds and other fixed-income securities included in the index.

Washington, D.C.-based Vantagepoint Investment Advisers, LLC is the investment adviser to the fund.

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