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Address And Details

840 Newport Center Dr., Ste. 100 , Newport Beach, CA 92660
Fund Manager Mark Kiesel
Manager Tenure 12 Years 10 Months

Strategy And Objective

The Fund seeks total return which exceeds that of its benchmark, consistent with preservation of capital and prudent investment management. The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sectorentities. The average portfolio duration of this Fund normally varies within two years (plus or minus) of the portfolio duration of the securities comprising the Fund's benchmark, the Bloomberg Barclays U.S. Long Credit Index, as calculated by PIMCO, which as of May 31, 2019 was 12.96 years. Duration is a measure used to determine the sensitivity of a security's price to changes in interest rates. The longer a security's duration, the more sensitive it will be to changes in interest rates. In addition, the dollar-weighted average portfolio maturity of the Fund, under normal circumstances, is expected to be more than ten years. The Fund invests primarily in investment grade debt securities, but may invest up to 20% of its total assets in high yield securities ("junk bonds") that are rated B or higher by Moody's Investors Service, Inc. ("Moody's"), or equivalently rated by Standard & Poor's Ratings Services ("S&P") or Fitch, Inc. ("Fitch"), or, if unrated, determined by Pacific Investment Management Company LLC ("PIMCO") to be of comparable quality. The Fund may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers. The Fund may invest up to 25% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity, which means the Fund may invest, together with any other investments denominated in foreign currencies, up to 30% of its total assets in such instruments).The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets.

Net Asset Value

as of 6:20 PM ET 01/20/2022


  • 1 Week
  • -1.65%
  • 1 Month
  • -4.33%
  • 3 Months
  • -5.76%
  • 1 Yr Return
  • -10.02%
  • 5 Yr Return
  • +3.92%

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 113.20%
Preferred 5.36%
Cash 0.34%
Stocks 0.01%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -18.90%
Total Net Assets 3.77 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.04 1.14 1.40
Beta 2.75 2.46 2.55
R Squared 0.66 0.64 0.73
Std Deviation 11.20 9.30 8.85
Sharpe Ratio 1.02 0.81 n/a

Purchase Information

as of 6:20 PM ET 01/19/2022
Minimum Initial $1000000
Minimum Additional $0
Minimum Initial IRA $0


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
  • -1.00%
  • -1.00%
-1.00% -1.00%
3 Year
  • +11.77%
  • +11.77%
+11.77% +11.77%
10 Year
  • +7.83%
  • +7.83%
+7.83% +7.83%
Life Of Fund
  • +10.13%
  • +10.13%
+10.13% +10.13%

Top 10 Holdings

Symbol Company Name % Of Assets

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