Address And Details

P.O. Box 219579 , Kansas City, MO 64121
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks to provide an attractive absolute total return, complemented by prudent investment management designed to manage risks and protect investor capital. The secondary goal of the Fund is to achieve these returns with relatively low volatility. The Fund has an absolute total return investment objective, which means that it is not managed relative to an index and that it attempts to achieve positive total returns over a full market cycle. The Fund intends to pursue its objective by utilizing a flexible investment approach that allocates investments across a global range of investment opportunities related to credit, currencies and interest rates, while employing risk management strategies to mitigate downside risk. The Fund may invest up to 100% of its total assets in below investment grade fixed-income securities (also known as junk bonds) and derivatives that have returns related to the returns on below investment grade fixed-income securities, although it is expected that, under normal market conditions, the Funds net exposure (i.e., long exposures obtained through direct investments in securities and in derivatives minus short exposures obtained through derivatives) to below investment grade fixed-income assets generally will not exceed 50% of the Funds total assets. Below investment-grade fixed-income securities are rated below investment-grade quality (i.e., none of the three major rating agencies(Moodys Investors Service, Inc. (Moodys), Fitch Investor Services, Inc. or S&P Global Ratings (S&P) have rated the securities in one of their respective top four ratings categories). Under normal market conditions, the Fund also may invest up to 50% of its total assets in investments denominated in non-U.S. currencies and related derivatives, including up to 20% in investments denominated in emerging market currencies and related derivatives. The Fund expects that its exposure to these asset classes will often be obtained substantially through the use of derivative instruments. The Fund defines an emerging market currency as a currency of a country that carries a sovereign debt quality rating that is rated below investment grade by either S&P or Moodys, or is unrated by both Spend Moodys. Currency positions that are intended to hedge the Funds non-U.S. currency exposure (i.e., currency positions that are not made for investment purposes) will offset positions in the same currency that are made for investment purposes when calculating the limitation on investments in non-U.S. and emerging market currency investments because the Fund believes that hedging currency position is likely to negate some or all of the currency risk associated with the original currency position. The Fund does not have limits on the duration of its portfolio, and the Funds duration will change over time. The Fund also may invest in equity securities (including preferred stocks) as well as derivatives whose returns are linked to the returns of equity securities.

Net Asset Value

as of 6:24 PM ET 09/23/2021

Performance

  • 1 Week
  • n/a
  • 1 Month
  • +0.48%
  • 3 Months
  • +0.29%
  • 1 Yr Return
  • +5.08%
  • 5 Yr Return
  • +8.21%

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 85.57%
Cash 7.78%
Stocks 4.07%
Convertible 1.59%
Other 0.99%
Preferred 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 875.82 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 2.49 2.90 2.70
Beta 0.38 0.23 0.26
R Squared 0.06 0.03 0.04
Std Deviation 5.29 4.19 4.06
Sharpe Ratio 0.79 0.81 n/a

Purchase Information

as of 6:24 PM ET 09/22/2021
Minimum Initial $100000
Minimum Additional $50
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +6.89%
  • +9.98%
+6.89% +9.98%
3 Year
  • +5.16%
  • +5.07%
+5.16% +5.07%
10 Year
  • +3.91%
  • +3.65%
+3.91% +3.65%
Life Of Fund
  • +3.52%
  • +3.53%
+3.52% +3.53%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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