Description: The investment seeks total return, while incorporating the Subadvisorâs ESG investment strategy. The fund will invest at least 80% of its assets in bonds, which include all types of debt securities. The fund generally seeks to invest in a broad portfolio of corporate, government, and mortgage-related and asset-backed securities. The fund will invest at least 80% of its assets in securities that meet MacKay Shields LLCâs (the âSubadvisorâ) ESG criteria. The fund will generally seek to maintain a portfolio modified duration to worst within 2.5 years (plus or minus) of the duration of the Bloomberg Barclays U.S. Aggregate Bond Index.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Intermediate Core-Plus Bond
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 98.78 | 0.00 | 98.78 |
NotClassified | 0.80 | 0.00 | 0.80 |
Cash | 0.42 | 0.00 | 0.42 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 0.00 | 98.76 |
United Kingdom | 0.00 | 0.47 |
Europe Developed | 0.00 | 0.77 |