Core Strategy

Credit-focused fixed income, built on conviction and value.

Dolan McEniry’s Core strategy has consistently delivered strong risk-adjusted returns and limited downside loss since inception. Leveraging a disciplined, value-oriented approach to investment grade corporate bonds, the team focuses on fundamental research, pricing inefficiencies, and long-term conviction. Managed by Dolan McEniry Capital Management—an independent, entrepreneurial partner of iM Global Partner—the strategy emphasizes bottom-up credit selection, fundamental value, and a long-term lender mindset, delivering resilient fixed income solutions for today’s institutional investors.

Dolan McEniry

Manager

October 2003

Inception of Strategy

USD

Base Currency

Investment Philosophy

At Dolan McEniry, the investment philosophy is grounded in a disciplined, simple, repeatable approach to credit selection that emphasizes credit quality, value, and transparency. The team actively follows over 900 companies and 3,000 bonds, seeking to identify compelling relative value across the corporate bond universe. Portfolio construction is driven by in-house fundamental analysis, stringent pricing discipline, and ESG considerations. Credits at attractive prices are only added to client portfolios after rigorous credit analysis of the issuer centered on the free cash flows—ensuring that every investment reflects high conviction, aligns with long-term client goals, and meets the standards of a thoughtful, entrepreneurial manager.

Dolan McEniry doesn’t rely on rating agencies or third parties research houses but conducts all its research in house to independently assess issuers’ creditworthiness. This integrated framework allows the team to identify attractive risk-adjusted opportunities through the credit cycle. It prefers issuers with dependable cash flows to cover interest requirements and does not invest in banks or broker/dealers. The outcome is a high-conviction portfolio backed by rigorous research and long-term thinking—designed to serve institutional investors with clarity, consistency, and trust. Dolan McEniry has never faced any corporate bond default in any of the concentrated portfolios it manages.

The Team

Daniel Dolan, Jr.

Dolan McEniry
Managing Member,
Portfolio Management &
Security Selection

Roger McEniry

Dolan McEniry
Managing Member,
Portfolio Management &
Security Selection

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Disclosure:

As of May 31, 2025, the Dolan McEniry Investment Grade Composite was renamed the Dolan McEniry Core Composite. Dolan McEniry Core is a fixed income investment product benchmarked against the Bloomberg U.S. Intermediate Credit Index or Bloomberg U.S. Aggregate Index. In this strategy, the firm utilizes entirely U.S. corporate investment grade bonds and U.S. Treasury securities. Dolan McEniry Core is approximately 100% U.S. investment grade securities. The Dolan McEniry Core Composite was created on December 31, 2015 and includes investment grade only accounts going back to September 30, 2003.

Past performance is no guarantee of future results. Investing is speculative and involves risk, including the possible loss of principal. Historical returns should not be used as the primary basis for investment decisions. This product should be considered based on the suitability of its strategy in relation to return objectives, risk tolerances, and other investments. Although the statements of fact and data in this document have been obtained from or based upon sources believed to be reliable, Dolan McEniry Capital Management, LLC makes no warranties or representation as to their accuracy, correctness, or reliability, and assumes no liability or responsibility for any omissions or errors.