Aggregate Bond Fund
Overview
The Fund is managed through a duration-neutral, risk-controlled approach with a strong emphasis on the long-term perspective. The investment objective of the Fund is to seek an annual rate of total return, before fund expenses, greater than the annual rate of total return of the Bloomberg U.S. Aggregate Bond Index. The Fund normally invests at least 80% of its net assets in the following types of U.S. dollar-denominated debt securities:
- U.S. government and other public sector entities
- Asset-backed and mortgage-backed obligations of U.S. and foreign issuers
- Corporate debt of U.S. and foreign issuers
The Fund only invests in debt securities rated investment-grade at the time of purchase.
Performance
1 Month | 3 Month | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
---|---|---|---|---|---|---|---|---|
Aggregate Bond Fund | -2.47 | 0.51 | 0.78 | -9.51 | -3.40 | 0.81 | 1.55 | 4.26 |
Bloomberg U.S. Aggregate Bond Index | -2.59 | -0.04 | 0.41 | -9.72 | -3.77 | 0.53 | 1.12 | 3.79 |
Morningstar Ratings
Category | Overall | 3 Year | 5 Year | 10 Year | |
---|---|---|---|---|---|
Aggregate Bond Fund | Intermediate Core Bond |
(407 funds)
|
(407 funds)
|
(374 funds)
|
(277 funds)
|
Distributions
Type | Record Date | Reinvest Date | Payable Date | Amount per Share ($) | Reinvest Price ($) |
---|---|---|---|---|---|
Income | 3/24/2023 | 3/27/2023 | 3/27/2023 | 0.02729933 | 9.77 |
Income | 2/23/2023 | 2/24/2023 | 2/27/2023 | 0.02507827 | 9.60 |
Income | 1/24/2023 | 1/25/2023 | 1/26/2023 | 0.02047157 | 9.91 |
Income | 12/27/2022 | 12/28/2022 | 12/29/2022 | 0.03413809 | 9.58 |
Income | 11/22/2022 | 11/23/2022 | 11/25/2022 | 0.02345507 | 9.63 |
Income | 10/24/2022 | 10/25/2022 | 10/26/2022 | 0.02502134 | 9.29 |
Income | 9/22/2022 | 9/23/2022 | 9/26/2022 | 0.02317522 | 9.59 |
Income | 8/22/2022 | 8/23/2022 | 8/24/2022 | 0.02188434 | 9.99 |
Income | 7/22/2022 | 7/25/2022 | 7/26/2022 | 0.02092303 | 10.13 |
Income | 6/22/2022 | 6/23/2022 | 6/24/2022 | 0.02077517 | 9.98 |
Income | 5/23/2022 | 5/24/2022 | 5/25/2022 | 0.02037011 | 10.21 |
Income | 4/22/2022 | 4/25/2022 | 4/26/2022 | 0.01807386 | 10.24 |
Income | 3/24/2022 | 3/25/2022 | 3/28/2022 | 0.01797158 | 10.50 |
Income | 2/23/2022 | 2/24/2022 | 2/25/2022 | 0.01875787 | 10.85 |
Income | 1/24/2022 | 1/25/2022 | 1/26/2022 | 0.01419555 | 11.13 |
Portfolio Characteristics
Fund Information | Fund | Index |
---|---|---|
*30-Day SEC Yield (%) | 4.17 | N/A |
Yield to Worst (Gross) (%) | 5.13 | 4.81 |
Effective Duration (Years) | 6.26 | 6.26 |
Effective Maturity (Years) | 8.29 | 8.44 |
Average Coupon (%) | 3.13 | 2.76 |
Annual Turnover Rate (%) | 42.11 | N/A |
Number of Holdings | 1,609 | 13,263 |
Average Portfolio Quality | AA- | AA |
Quality Profile | Fund | Index |
---|---|---|
U.S. Treasury | 25.7% | 40.7% |
U.S. Agency | 23.9% | 29.5% |
AAA | 11.1% | 3.2% |
AA | 3.6% | 2.7% |
A | 12.5% | 11.2% |
BBB | 22.8% | 12.8% |
Below BBB | 0.3% | 0.0% |
Not Rated | 0.0% | 0.0% |