The document summarizes the performance of the Argie Bond Quant Portfolio compared to the IAMC Bond Index from inception in December 2011 through October 2012. While the portfolio has slightly underperformed the index since inception with returns of 28.72% versus 32.38%, it has achieved higher annualized returns of 34.87% compared to the index's 39.43% and has lower annualized volatility of 8.53% versus the index's 9.23%. The portfolio also has positive annualized alpha of 11.31% against the index.