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Address And Details

711 High St , Des Moines, IA 50392
Fund Manager William C. Armstrong
Manager Tenure 21 Years

Strategy And Objective

The Fund seeks to provide current income and, as a secondary objective, capital appreciation. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds or other debt securities at the time of purchase. Such investments include securities issued or guaranteed by the U.S. government or its agencies or instrumentalities (including collateralized mortgage obligations); asset-backed securities or mortgage-backed securities (securitized products);corporate bonds; and foreign securities, including emerging market securities. The Fund invests in investment-grade securities and, with respect to up to 25% of its assets, in below investment grade securities (sometimes called high yield or "junk"), which are rated at the time of purchase Ba1or lower by Moody's Investors Service, Inc. ("Moody's") and BB+ or lower by S&P Global Ratings ("S&P Global") (if the security has been rated by only one of those agencies, that rating will determine whether the security is below investment grade; if the security has not been rated by either of those agencies, those selecting such investments will determine whether the security is of a quality comparable to those rated below investment grade; if securities are rated differently by the rating agencies, the highest rating is used). The Fund is not managed to a particular maturity. Under normal circumstances, the Fund maintains an average portfolio duration that is within 25% of the duration of the Bloomberg Barclays U.S.Aggregate Bond Index, which as of December 31, 2018was 5.87 years. The Fund actively trades portfolio securities.

Net Asset Value

as of 5:38 PM ET 12/06/2021

Performance

  • 1 Week
  • -0.09%
  • 1 Month
  • -0.73%
  • 3 Months
  • -1.27%
  • 1 Yr Return
  • -6.76%
  • 5 Yr Return
  • +1.49%

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 95.41%
Cash 9.81%
Preferred 0.54%
Stocks 0.13%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -5.89%
Total Net Assets 44.68 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.40 0.44 0.45
Beta 1.03 1.00 0.98
R Squared 0.77 0.81 0.83
Std Deviation 3.95 3.60 3.20
Sharpe Ratio 1.33 0.70 n/a

Purchase Information

as of 6:04 PM ET 12/03/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

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
  • -0.66%
  • +1.05%
-0.66% +1.05%
3 Year
  • +6.25%
  • +5.96%
+6.25% +5.96%
10 Year
  • +3.51%
  • +3.54%
+3.51% +3.54%
Life Of Fund
  • +4.15%
  • +4.20%
+4.15% +4.20%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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