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Address And Details

1295 State St , Springfield, MA 01111
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

This Fund seeks to achieve a high total rate of return primarily from current income while minimizing fluctuations in capital values by investing primarily in a diversified portfolio of short-term investment grade fixed income securities.Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade fixed income securities (rated Baa3 or higher by Moodys, BBB-or higher by Standard & Poors or the equivalent by any NRSRO, or, if unrated, determined to be of comparable quality by the subadviser). These typically include U.S. dollar-denominated corporate obligations, securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, U.S. and foreign issuer dollar-denominated bonds including, but not limited to, corporate obligations, government and agency issues, private placement bonds, securities subject to resale pursuant to Rule 144A, and mortgage-backed and other asset- backed securities, including collateralized bond and loan obligations.The Fund may also invest in below investment grade debt securities (junk or high yield bonds), including securities in default, and including bank loans; normally, 10% or less of the Funds total assets will be invested in below investment grade debt securities. In the event that a security is downgraded after its purchase by the Fund, the Fund may continue to hold the security if the Funds subadviser, Barings LLC (Barings), considers that doing so would be consistent with the Funds investment objective.The Fund may invest up to 15% of its total assets in securities that are not denominated in U.S. dollars including, but not limited to, corporate obligations, government and agency issues, private placement bonds, and mortgage-backed and other asset-backed securities, including collateralized bond and loan obligations. The Fund may also invest in non-dollar denominated high yield bonds, including bank loans, and may invest in securities subject to legal restrictions on resale, some of which may be subject to resale pursuant to Rule 144A.In pursuing its investment objective, the Fund may (but is not obligated to) use a wide variety of exchange-traded and over-the-counter derivatives, including, but not limited to, futures contracts, foreign currency futures and forward contracts, including derivatives there of (for hedging purposes, to adjust various portfolio characteristics, including the duration (interest rate volatility) of the Funds portfolio, or as a substitute for direct investments); interest rate swaps (for hedging purposes or as a substitute for direct investments or to gain market exposure) total return swaps (for hedging purposes or as a substitute for direct investments); and credit default swaps (for hedging purposes or as a substitute for direct investments). The Fund may invest in common stocks, exchange-traded funds (ETFs), or other equity securities and derivatives thereof for hedging purposes or to enhance total return. Use of derivatives by the Fund may create investment leverage.

Net Asset Value

as of 5:46 PM ET 01/21/2022

Performance

  • 1 Week
  • +0.10%
  • 1 Month
  • -0.82%
  • 3 Months
  • -3.28%
  • 1 Yr Return
  • -1.62%
  • 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 99.22%
Cash 3.59%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -2.81%
Total Net Assets 4.79 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.08 0.91 1.03
Beta 0.23 0.21 0.22
R Squared 0.03 0.03 0.06
Std Deviation 4.70 3.64 2.66
Sharpe Ratio 0.43 0.39 n/a

Purchase Information

as of 6:17 PM ET 01/19/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • +1.73%
  • +1.73%
+1.73% +1.73%
3 Year
  • +2.73%
  • +2.73%
+2.73% +2.73%
10 Year
  • +2.10%
  • +2.10%
+2.10% +2.10%
Life Of Fund
  • +3.72%
  • +3.72%
+3.72% +3.72%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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