Benchmark Morningstar Category
Multisector Bond

Asset Allocation

 

PTY


Asset Distribution
 
  Type %
Long
%
Short
%
Net
Bench-
mark
Cat
Avg
As of 04/30/2016
Cash 14.98 17.90 -2.92 20.08
US Stock 0.00 0.00 0.00 1.71
Non US Stock 0.00 0.00 0.00 0.11
Bond 130.09 31.01 99.08 75.05
Other 3.84 0.00 3.84 3.05
 
 

Style Details

 

PTY

Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 04/30/2016
2016 99
2015 92
2014 85
2013 79
2012 77
 
Bond Statistics
Detail Value
As of 06/30/2016
Weighted Average Credit Rating BB-
Average Weighted Coupon 5
Average Weighted Price
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 12
AA 7
A 7
BBB 20
BB 7
B 1
Below B 24
Not Rated 21
As of 04/30/2016
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

PTY

Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 29.72 21.34
U.S. Treasury 0.54 4.94
U.S. Treasury Inflation-Protected 0.00 0.53
U.S. Agency 0.45 0.22
Non-U.S. Government 0.04 5.79
Other Government Related 28.70 9.86
       
Corporate 14.30 32.10
Corporate Bond 12.50 30.64
Bank Loan 0.93 1.07
Convertible 0.27 0.16
Preferred 0.60 0.23
       
Securitized 23.77 22.12
Agency MBS Pass-Through 0.00 2.60
Agency MBS ARM 0.00 0.06
Agency MBS CMO 1.32 1.96
Non-Agency Residential MBS 14.22 9.85
Commercial MBS 0.69 2.44
Asset-Backed 7.54 5.21
Covered Bond 0.00 0.00
       
Municipal 4.06 1.41
       
Cash & Equivalents 10.46 22.81
       
Other 17.69 0.22
As of 04/30/2016
Sector data is calculated only using the rescaled long position holdings of the portfolio.
Coupon Range
Type % Bonds Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
0% 0.20 0.17
0% to 4% 51.07 40.27
4% to 6% 18.93 33.21
6% to 8% 19.06 18.25
8% to 10% 6.54 7.58
10% to 12% 3.16 0.44
More than 12% 1.04 0.09
As of 04/30/2016
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

PTY

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 89.94 77.82
France 2.65 0.74
Cayman Islands 2.52 2.10
Luxembourg 1.01 1.40
Brazil 0.99 0.63
United Kingdom 0.86 1.78
Canada 0.81 1.89
Netherlands 0.68 1.35
Bermuda 0.22 0.48
Ireland 0.22 0.66
As of 04/30/2016
Country breakdown data is calculated only using the long position holdings of the portfolio.

Bond Maturity Breakdown

 

PTY

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 5.55 13.51
3 to 5 Years 13.58 10.10
5 to 7 Years 1.67 11.24
7 to 10 Years 10.41 24.41
10 to 15 Years 6.22 3.54
15 to 20 Years 8.16 6.91
20 to 30 Years 38.33 16.63
Over 30 Years 16.08 13.67
As of 06/30/2016

Bond Duration

 

PTY

Unadjusted for Leverage Leverage Adjusted
Average Weighted Duration
Effective Duration 2.75 3.51
Modified Duration
As of 06/30/2016
 
Detail Value
Average Weighted Maturity
Effective Maturity 7.18

Bond Call Profile

 

PTY

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
2016
2017
2018
2019
2020
5 Year +
Non-Callable
As of date not available

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