Address And Details

711 High St , Des Moines, IA 50392
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks to provide a high level of current income. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in below investment grade bonds and bank loans (sometimes called high yield or "junk") which are rated, at the time of purchase, Ba1 or lower by Moody's Investors Service, Inc. ("Moody's") and BB+ or lower by S&P Global Ratings ("S&P Global") (if the bond or bank loan has been rated by only one of those agencies, that rating will determine whether it is below investment grade; if the bond or bank loan has not been rated by either of those agencies, those selecting such investments will determine whether it is of a quality comparable to those rated below investment grade). The Fund also invests in investment grade bank loans (also known as senior floating rate interests) and securities of foreign issuers, including those located in developing or emerging markets. Under normal circumstances, the Fund maintains an average portfolio duration that is within 20% of the duration of the Bloomberg Barclays US Corporate High Yield 2% Issuer Capped Index, which as of December 31, 2020 was 3.56 years. The Fund is not managed to a particular maturity.

Net Asset Value

as of 5:59 PM ET 09/24/2021

Performance

  • 1 Week
  • -0.27%
  • 1 Month
  • +0.55%
  • 3 Months
  • +0.14%
  • 1 Yr Return
  • +6.84%
  • 5 Yr Return
  • n/a

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 97.30%
Cash 3.05%
Stocks 0.81%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -1.17%
Total Net Assets 773.79 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 3.25 n/a n/a
Beta 0.51 n/a n/a
R Squared 0.04 n/a n/a
Std Deviation 8.73 n/a n/a
Sharpe Ratio 0.63 n/a n/a

Purchase Information

as of 5:55 PM ET 09/22/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +10.12%
  • +14.76%
+10.12% +14.76%
3 Year
  • +6.39%
  • +6.32%
+6.39% +6.32%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +6.38%
  • +6.27%
+6.38% +6.27%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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