Address And Details

333 S Hope St , Los Angeles, CA 90071
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Funds primary investment objective is to provide you with a high level of current income. Its secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+or below by Nationally Recognized Statistical Rating Organizations or unrated but determined by the funds investment adviser to be of equivalent quality), including corporate loan obligations. Such securities are sometimes referred to as junk bonds. The fund may also invest a portion of its assets in securities of issuers domiciled outside the United States.The fund may also invest in certain derivative instruments, such as futures contracts and swaps. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The fund may invest in a derivative only if, in the opinion of the investment adviser,the expected risks and rewards of the proposed investment are consistent with the investment objectives and strategies of the fund as disclosed in this prospectus and in the funds statement of additional information.The fund is designed for investors seeking a high level of current income and who are able to tolerate greater credit risk and price fluctuations than those that exist in funds investing in higher quality debt securities.The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managedby individual managers.The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investmentadviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Net Asset Value

as of 5:20 PM ET 09/24/2021


  • 1 Week
  • -0.19%
  • 1 Month
  • +0.86%
  • 3 Months
  • +0.38%
  • 1 Yr Return
  • +10.67%
  • 5 Yr Return
  • +4.24%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 88.50%
Stocks 4.73%
Cash 4.43%
Other 1.29%
Convertible 0.86%
Preferred 0.19%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 412.00 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 4.63 4.91 4.41
Beta 0.37 0.31 0.38
R Squared 0.02 0.02 0.03
Std Deviation 9.38 7.38 6.95
Sharpe Ratio 0.67 0.75 n/a

Purchase Information

as of 5:16 PM ET 09/22/2021
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $25


Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +14.00%
  • +20.15%
+14.00% +20.15%
3 Year
  • +6.97%
  • +7.21%
+6.97% +7.21%
10 Year
  • +5.96%
  • +5.27%
+5.96% +5.27%
Life Of Fund
  • +6.52%
  • +6.50%
+6.52% +6.50%

Top 10 Holdings

Symbol Company Name % Of Assets

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