Sector Rotation Helps Diversify Income
Actively allocating across fixed-income sectors in the pursuit of current income and long-term total return.
As of 9/30/14 - 9/30/24. Sectors exclude cash. ABS/CMBS = Asset-Backed Securities / Commercial Mortgage-Backed Securities.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception. Fund Inception: 05/31/2007
Characteristics
Dividend Frequency | Monthly |
---|---|
# of Holdings | 1129 |
Yield to Worst (%) | 6.49% |
---|---|
Effective Duration | 4.88 yrs |
Aaa/AAA | 4 |
Aa/AA | 22 |
A | 3 |
Baa/BBB | 11 |
Ba/BB | 27 |
B | 23 |
Caa/CCC or lower | 5 |
Not Rated | 15 |
Cash & Cash Offsets | -9 |
U.S. Treasury Bonds | 7.83 |
Uniform Mortgage-Backed Security | 5.45 |
U.S. Treasury Notes | 5.14 |
Federal National Mortgage Association Connecticut Avenue Securities Trust | 2.98 |
Verizon Master Trust | 1.34 |
Federal Home Loan Mortgage Corp. | 1.25 |
U.S. Treasury Inflation-Indexed Notes | 1.14 |
Santander Drive Auto Receivables Trust | 1.06 |
U.S. Treasury Inflation-Indexed Bonds | 1.00 |
Brazil Notas do Tesouro Nacional | 0.81 |
Total Portfolio % | 28.00 |
Distribution Yield at NAV | 6.11 |
Trailing 12 Month Yield | 6.30 |
30-Day SEC Yield | 5.70 |
Unsubsidized 30-Day SEC Yield
|
5.70 |
Distribution Date | Distribution NAV | ordinary income | short term capital gains | long term capital gains | total distribution |
---|---|---|---|---|---|
9/26/2024 | 8.07 | $0.0411 | $0.0000 | $0.0000 | $0.0411 |
8/27/2024 | 8.00 | $0.0385 | $0.0000 | $0.0000 | $0.0385 |
7/26/2024 | 7.85 | $0.0388 | $0.0000 | $0.0000 | $0.0388 |
6/26/2024 | 7.76 | $0.0395 | $0.0000 | $0.0000 | $0.0395 |
5/29/2024 | 7.67 | $0.0389 | $0.0000 | $0.0000 | $0.0389 |
4/26/2024 | 7.61 | $0.0386 | $0.0000 | $0.0000 | $0.0386 |
3/26/2024 | 7.79 | $0.0363 | $0.0000 | $0.0000 | $0.0363 |
2/27/2024 | 7.71 | $0.0368 | $0.0000 | $0.0000 | $0.0368 |
1/29/2024 | 7.71 | $0.0293 | $0.0000 | $0.0000 | $0.0293 |
12/27/2023 | 7.73 | $0.0976 | $0.0000 | $0.0000 | $0.0976 |
12/15/2023 | 7.75 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
11/29/2023 | 7.55 | $0.0374 | $0.0000 | $0.0000 | $0.0374 |
10/30/2023 | 7.22 | $0.0358 | $0.0000 | $0.0000 | $0.0358 |
Insights
Fund Literature
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Diversification does not ensure a profit or protect against a loss in a declining market.