Description: The investment seeks total return through a combination of current income and capital appreciation, consistent with preservation of capital. The fund invests primarily in a portfolio of investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt instruments. Under normal market conditions, it invests at least 80% of its investable assets in bonds with varying maturities. Although the fund may invest in instruments of any duration or maturity, it normally will seek to maintain a weighted average portfolio duration of one year or less and a weighted average maturity of three years or less.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Ultrashort Bond
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 64.07 | 2.17 | 61.90 |
Cash | 38.68 | 1.26 | 37.42 |
Other | 0.74 | 0.05 | 0.68 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
United Kingdom | 0.00 | 86.11 |