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Address And Details

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

Strategy And Objective

The fund s investment objective is to provide you, over the long term, with a high level of total return consistent with prudent investment management. Total return comprises the income generated by the fund and the changes in the market value of the fund s investments. Under normal market circumstances, the fund invests at least 80% of its assets in bonds and other debt securities, which may be represented by other investment instruments, including derivatives. The fund invests primarily in debt securities, including asset-backed and mortgage-backed securities and securities of governmental, supranational and corporate issuers denominated in various currencies, including U.S. dollars. The fund will invest substantially in securities of issuers domiciled in a number of countries outside the United States, and such investments may include securities of issuers domiciled in developing countries. Normally, the fund invests substantially in investment-grade bonds (rated Baa3 or better or BBB or better by Nationally Recognized Statistical Rating Organizations designated by the fund s investment adviser or unrated but determined to be of equivalent quality by the fund s investment adviser). The fund may also invest up to 25% of its assets in lower quality, higher yielding debt securities (rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Rating Organizations designated by the fund s investment adviser or unrated but determined to be of equivalent quality by the fund s investment adviser). Such securities are sometimes referred to as junk bonds. The total return of the fund will be the result of interest income, changes in the market value of the fund s investments and changes in the values of other currencies relative to the U.S. dollar. The fund may invest in certain derivative instruments, such as forward currency contracts, 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 objective and strategies of the fund as disclosed in this prospectus and in the fund s statement of additional information. The fund is nondiversified, which allows it to invest a greater percentage of its assets in any one issuer than would otherwise be the case. However, the fund intends to limit its investments in the securities of any single issuer. The investment adviser uses a system of multiple portfolio managers in managing the fund s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the fund s portfolio investments. The basic investment philosophy of the investment adviser 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 5:19 PM ET 12/06/2021


  • 1 Week
  • +0.55%
  • 1 Month
  • -0.99%
  • 3 Months
  • -3.28%
  • 1 Yr Return
  • -7.18%
  • 5 Yr Return
  • +4.92%

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 95.64%
Cash 4.99%
Stocks 0.10%
Convertible 0.02%
Preferred 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -0.75%
Total Net Assets 13.04 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -1.40 -0.94 -1.50
Beta 1.07 1.09 1.12
R Squared 0.47 0.47 0.46
Std Deviation 5.26 5.12 4.87
Sharpe Ratio 0.68 0.25 n/a

Purchase Information

as of 5:20 PM ET 12/03/2021
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $25


Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • -3.46%
  • -0.08%
-3.46% -0.08%
3 Year
  • +4.49%
  • +4.47%
+4.49% +4.47%
10 Year
  • +1.93%
  • +2.04%
+1.93% +2.04%
Life Of Fund
  • +4.58%
  • +4.67%
+4.58% +4.67%

Top 10 Holdings

Symbol Company Name % Of Assets

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