Address And Details

580 E. Swedesford Rd , Wayne, PA 19087
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Provide higher current income than that typically offered by a money market fund while maintaining a high degree of liquidity and a Under normal circumstances, the Ultra Short Duration Bond Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade U.S. dollar-denominated debt instruments, including: (I) commercial paper and other corporate obligations; (ii) certificates of deposit, time deposits, bankers' acceptances, bank notes, and other obligations of U.S. savings and loan and thrift institutions, U.S. commercial banks (including foreign branches of such banks) and foreign banks that meet certain asset requirements; (iii) U.S. Treasury obligations and obligations issued or guaranteed as to principal and interest by agencies or instrumentalities of the U.S. Government; (iv) mortgage-backed securities; (v) asset-backed securities; (vi) fully-collateralized repurchase agreements involving any of the foregoing obligations; and (vii) U.S. dollar-denominated instruments of foreign issuers. In addition, the Fund may enter into dollar roll transactions with selected banks and broker-dealers and invest in to-be-announced mortgage-backed securities, futures contracts and forward contracts. The Fund will primarily use futures contracts for hedging purposes to manage the Fund's exposure to interest rate risk. There may also be times when the Fund utilizes futures contracts to take an active position on interest rates to either increase or reduce the interest rate sensitivity of the Fund. correspondingly higher risk of principal volatility.

Net Asset Value

as of 5:20 PM ET 09/23/2021


  • 1 Week
  • n/a
  • 1 Month
  • n/a
  • 3 Months
  • -0.11%
  • 1 Yr Return
  • -0.32%
  • 5 Yr Return
  • +0.21%

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 96.17%
Cash 4.46%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -0.63%
Total Net Assets 271.55 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.08 0.38 0.49
Beta 0.17 0.13 0.10
R Squared 0.12 0.10 0.10
Std Deviation 1.68 1.31 1.00
Sharpe Ratio 0.49 0.49 n/a

Purchase Information

as of 5:48 PM ET 06/17/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


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
  • +0.59%
  • +1.59%
+0.59% +1.59%
3 Year
  • +1.95%
  • +2.15%
+1.95% +2.15%
10 Year
  • +1.42%
  • +1.39%
+1.42% +1.39%
Life Of Fund
  • +2.93%
  • +2.95%
+2.93% +2.95%

Top 10 Holdings

Symbol Company Name % Of Assets


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