Description: The investment seeks to maximize long-term total return. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. The fund may invest a significant portion of its assets in securitized investment products, including up to 50% in each of ABS, RMBS and CMBS. It may also utilize listed and over-the-counter ("OTC") traded derivatives instruments for duration/yield curve management and/or hedging purposes. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Nontraditional Bond
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 103.21 | 12.99 | 90.22 |
| Cash | 9.77 | 0.18 | 9.59 |
| NotClassified | 0.19 | 0.00 | 0.19 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Japan | 0.00 | 0.42 |
| Australasia | 0.00 | 0.90 |
| Asia Emerging | 0.00 | 15.66 |
| Latin America | 0.00 | 1.22 |
| North America | 0.00 | 74.89 |
| United Kingdom | 0.00 | 0.23 |
| Europe Emerging | 0.00 | 1.20 |
| Europe Developed | 0.00 | 3.76 |
| Africa/Middle East | 0.00 | 1.72 |