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Address And Details

500 Bielenburg Dr. , Woodbury, MN 55125
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks a competitive total return, with income as a secondary objective. Under normal circumstances, the Fund invests at least 80% of its assets inbounds that the sub-adviser, Wellington Management Company LLP ("Wellington Management"), considers to be attractive from a total return perspective along with current income. The Fund may invest up to 20% of its net assets in securities rated below investment grade (also known as junk bonds).Bonds in which the Fund invests include (1) securities issued or guaranteed as to principal or interest by the U.S .Government, its agencies or instrumentalities; (2) non-convertible debt securities issued or guaranteed by U.S. corporations or other issuers (including foreign governments or corporations); (3) asset-backed and mortgage-related securities, including collateralized loan obligations; and (4) securities issued or guaranteed as to principal or interest by a sovereign government or one of its agencies or political subdivisions, supranational entities such as development banks, non-U.S. corporations, banks or bank holding companies, or other foreign issuers. The Fund may use derivatives to manage portfolio risk or for other investment purposes. The derivatives in which the Fund may invest include, but are not limited to, futures and options contracts, swap agreements and forward foreign currency contracts. Additionally, the Fund may invest up to 40% of its net assets in debt securities of foreign issuers, including from emerging markets, and up to 20% of its net assets in non-dollar securities. The Fund may purchase or sell securities on when-issued, delayed delivery or forward commitment basis, including securities acquired or sold in the to be announced (TBA) market. The Fund may invest in Rule 144A securities, which are privately placed, restricted securities that may only be resold under certain circumstances to other qualified institutional buyers. The Fund may trade securities actively. Although the Fund may invest in securities and other instruments of any maturity or duration, the Fund normally invests in debt securities with a maturity of at least one year. There is no limit on the average maturity of the Funds portfolio. The investment team is organized with generalist portfolio managers leading sector, rates and risk positioning decisions. The portfolio managers may allocate a portion of the Funds assets to specialists within Wellington Management who drive individual sector and security selection strategies.

Net Asset Value

as of 6:05 PM ET 05/19/2022


  • 1 Week
  • -0.53%
  • 1 Month
  • -1.25%
  • 3 Months
  • -7.70%
  • 1 Yr Return
  • -13.20%
  • 5 Yr Return
  • -10.41%

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 125.12%
Cash 2.30%
Preferred 0.01%
Stocks 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -27.43%
Total Net Assets 201.63 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.62 0.57 n/a
Beta 1.07 1.02 n/a
R Squared 0.86 0.85 n/a
Std Deviation 5.25 4.33 n/a
Sharpe Ratio 0.09 0.18 n/a

Purchase Information

as of 5:53 PM ET 05/18/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -9.02%
  • -4.35%
-9.02% -4.35%
3 Year
  • +0.97%
  • +2.49%
+0.97% +2.49%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +2.01%
  • +2.60%
+2.01% +2.60%

Top 10 Holdings

Symbol Company Name % Of Assets

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