Address And Details

111 South Wacker Drive, 34th Floor , Chicago, IL 60606
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks total return. Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in a diversified portfolio of fixed income instruments, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. Fixed income instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The Subadvisor relies on its own proprietary research and analysis to manage the Funds portfolio. The Subadvisor uses a top-down strategy to focus on broad factors and monetary conditions. These include: Long-term social, political and demographic trends Cyclical business and economic conditions Current market conditions The Subadvisor selects securities that appear to be most undervalued relative to their risk and potential return characteristics. In analyzing the relative attractiveness of sectors, the Subadviser considers the narrowing or widening of yields compared with yields for government and other sectors. The Subadvisor integrates environmental, social, and governance factors into its investment process and as part of its overall portfolio decision-making process. The Fund may invest up to 30% of its total assets in non-U.S. dollar-denominated securities and may invest without limit in U.S. dollar-denominated securities of foreign issuers. Foreign currency exposure (from non-U.S. dollar denominated securities or currencies) normally will be limited to 20% of the Funds total assets. The Fund also may invest up to 15% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment-grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity). The Fund may invest up to 10% of its total assets in preferred stock, convertible securities and other equity-related securities. The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Funds prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short selling, which is the sale by the Fund of a borrowed security. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or busing other investment techniques (such as buy backs or dollar rolls). The total return sought by the Fund consists of income earned on the Funds investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation, or improving credit fundamentals for a particular sector or security.

Net Asset Value

as of 5:52 PM ET 10/15/2021


  • 1 Week
  • +0.33%
  • 1 Month
  • -1.30%
  • 3 Months
  • -1.06%
  • 1 Yr Return
  • -2.50%
  • 5 Yr Return
  • +2.19%

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 112.06%
Preferred 1.06%
Stocks 0.00%
Cash 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -13.12%
Total Net Assets 17.50 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.53 0.62 0.58
Beta 0.95 0.96 1.00
R Squared 0.87 0.88 0.80
Std Deviation 3.52 3.32 3.32
Sharpe Ratio 1.34 0.74 n/a

Purchase Information

as of 5:49 PM ET 10/14/2021
Minimum Initial $50000
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +0.27%
  • +0.27%
+0.27% +0.27%
3 Year
  • +5.68%
  • +5.68%
+5.68% +5.68%
10 Year
  • +3.63%
  • +3.63%
+3.63% +3.63%
Life Of Fund
  • +4.69%
  • +4.69%
+4.69% +4.69%

Top 10 Holdings

Symbol Company Name % Of Assets

Recent Articles from TheStreet

No More Tears for Johnson & Johnson?

Johnson & Johnson Stock Gains As Vaccine Sales Boost Q3 Earnings, 2021 Forecasts

Johnson & Johnson said it sees 2021 vaccine sales of $2.5 billion, with overall revenues rising to between $94.1 billion to $94.6 billion, following its Q# earnings beat.

Stock Market Lead

Stocks Gain, SEC GameStop Report, Rent The Runway IPO - 5 Things You Must Know

Stocks edge higher ahead of earnings; SEC says GameStop surge powered by believers; FDA set to approve "mix & match' COVID boosters; DraftKings faces Entain bid deadline and Rent the Runway seeks $1.3 billion valuation in Nasdaq IPO.

How Joe Biden's Victory Could Entice Wall Street To Increase Investments In Chinese Markets

Here’s a Rare Tip: Invest In Good Companies

Paul Price says the trick is to find undervalued and overlooked names.