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Eagle's performance attribution component offers attribution analysis and reporting for both single and multicurrency portfolios based on the Fixed Income Attribution model. The Fixed Income Attribution model provides in-depth analysis and reporting, measuring bond returns and allowing for easy identification of factors that determine bond level performance.
Eagle's Fixed Income Attribution model:

  • Separately identifies the risk-free return and the spread return.
  • Provides a choice of methodologies. For example, you can present the portfolio's strategy in terms of roll, parallel shift, and curve reshaping. As well as roll and key rate durations.
  • Gives you choices regarding the level of detail for benchmark data. For example, you can choose the constituent (security) level or segment level.
  • Enables analysis of the ability to provide added value relative to a benchmark.

Fixed Income Attribution analysis is available for the following:

  • Single time periods
  • Multiple time periods – including Carino and Menchero smoothing for linking effects over more than a single time period
  • Monthly and daily frequencies
  • Multiple segment levels
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