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Address And Details

333 S Hope St , Los Angeles, CA 90071
Fund Manager John Queen
Manager Tenure 10 Years 6 Months

Strategy And Objective

The fund s investment objective is to provide you with current income, consistent with the maturity and quality standards described in this prospectus, and preservation of capital. The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents, and may be represented by other investment instruments, including derivatives). The fund maintains a portfolio of bonds, other debt securities and money market instruments having a dollar-weighted average effective maturity no greater than three years and consisting primarily of debt securities rated AA or Aa3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund s investment adviser or unrated but determined to be of equivalent quality by the fund s investment adviser. The fund may invest up to 10% of its assets in debt securities in the A rating category or in unrated securities determined by the fund s investment adviser to be of equivalent quality. The fund primarily invests in debt securities denominated in U.S. dollars, including securities issued and guaranteed by the U.S. government, securities of corporate issuers, mortgage-backed securities and debt securities and mortgage-backed securities issued by government sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government. In addition, the fund may invest in asset-backed securities (securities backed by assets such as auto loans, credit card receivables or other providers of credit). The fund may invest in inflation-linked bonds issued by U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Inflation-linked bonds are structured to protect against inflation by linking the bond s principal and interest payments to an inflation index, such as the Consumer Price Index for Urban Consumers, so that principal and interest adjust to reflect changes in the index. The fund may also invest in certain derivative instruments, such as futures contracts and swaps. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The fund may invest in a derivative only if, in the opinion of the investment adviser, the expected risks and rewards of the proposed investment are consistent with the investment objective and strategies of the fund as disclosed in this prospectus and in the fund s statement of additional information. The investment adviser uses a system of multiple portfolio managers in managing the fund s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the fund s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Net Asset Value

as of 5:20 PM ET 01/14/2022


  • 1 Week
  • -0.20%
  • 1 Month
  • -0.50%
  • 3 Months
  • -0.90%
  • 1 Yr Return
  • -1.59%
  • 5 Yr Return
  • -0.10%

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 94.02%
Cash 7.41%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -1.43%
Total Net Assets 3.62 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.09 0.46 0.27
Beta 0.15 0.20 0.21
R Squared 0.22 0.35 0.46
Std Deviation 1.05 1.00 0.90
Sharpe Ratio 1.62 0.95 n/a

Purchase Information

as of 5:24 PM ET 01/12/2022
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $25


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
  • -0.52%
  • -0.52%
-0.52% -0.52%
3 Year
  • +2.22%
  • +2.22%
+2.22% +2.22%
10 Year
  • +1.28%
  • +1.28%
+1.28% +1.28%
Life Of Fund
  • +1.40%
  • +1.40%
+1.40% +1.40%

Top 10 Holdings

Symbol Company Name % Of Assets

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