Through this broadly diverse fund, you can benefit from investments in corporate and government fixed-income securities as well as mortgage-backed securities (MBS) and asset-backed securities (ABS), with the fund maintaining a dollar-weighted average maturity of three years or more, and generally no longer than 10 years.
Our Fixed Income management process is fundamentally driven, disciplined and value oriented. We construct portfolios using duration management, yield curve positioning, sector allocation, and security selection, and use these strategies as a blueprint to earn results for you.
How We Make Fixed Income Funds Work For You:
We seek opportunities to generate returns for our investors.
We test our discoveries for relative value and associated risk. If it’s not worth it, we go back to the drawing board.
We invest in assets that have value within the current market and buy when we believe the price is right.
We monitor our investments closely. We ensure our reasoning remains valid and, if it isn’t, we return to the discovery phase.
Bond funds will tend to experience small fluctuations in value than stock funds. However, investors in any bond fund should anticipate fluctuations in price, especially for longer-term issues and in environments of changing interest rates.
Category: Lipper Core Bond Funds (As of 12/31/18)
|Net Asset Value||$9.26||$9.24||$9.26|
|Gross Expense Ratio||0.84%||0.74%||0.99%|
|Net Expense Ratio||0.74%||0.49%||0.76%|
|Total Net Assets||$102,501,700|
|Number of Holdings||180|
|5-Year Standard Deviation||2.60|
|Weighted Average Maturity (bonds)||6.55 yrs.|
|Effective Duration (bonds)||5.38 yrs.|
Contractual fee waivers are in effect from December 26, 2018 through December 31, 2019.