Investment Objective
The fund seeks to maximize total return while minimizing major bond market risks through investment in quality debt securities
including Treasuries, Agencies, Mortgage-Backed and Asset-Backed securities.
The Sub-Advisor
Allegiance Capital manages strict high quality domestic fixed income portfolios. The firm was founded in 1988 and is independently owned by its employees and outside shareholders. Assets under management currently exceed $4.3 billion.
Portfolio Characteristics
Current Yield
4.52%
Duration
4.37yrs
Average Maturity
14.91yrs
Average Coupon
5.18%
Maturity Distribution
Under 1 Year
0.0%
1-5 Years
38.9%
5-10 Years
13.6%
10-20 Years
6.0%
Over 20 Years
41.5%
Sector Allocation
SECTOR
% PORTFOLIO
Government
90.0
Cash
9.0
Accruals
1.0
Bond Quality
RATING
% PORTFOLIO
AAA
100%
Note: The underlying data has been obtained from sources considered to be reliable but its accuracy and completeness cannot be assured. This evaluation is for informational purposes only and is not intended to be an offer,
solicitation, or recommendation with respect to the purchase or sale of any security or a recommendation of the services supplied by any money management organization. Past performance is not a guarantee of future results.
* The Annual Return represents the gross yield of the model portfolio for the stated Sub-Advisor.
