Benchmark Morningstar Category
Multialternative

Asset Allocation

 

JAAAX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 09/30/2014
Cash 33.15 6.09 39.24 3.55 21.01
US Stock 21.41 10.52 31.93 39.58 19.68
Non US Stock 11.24 1.97 13.22 16.76 10.00
Bond 25.21 33.00 58.22 36.82 60.97
Other 8.98 0.88 9.86 3.29 -11.66
 

Style Details

 

JAAAX

Avg Market Cap USD
14,448 Mil
 
Benchmark Market Cap USD
25,027 Mil
 
Category Avg Market Cap USD
25,538 Mil
Market Capitalization
Size % of Portfolio Benchmark Category Avg
Giant 19.30 37.56 32.94
Large 32.24 25.79 31.26
Medium 34.14 26.00 26.41
Small 10.93 10.11 8.05
Micro 3.39 0.54 1.33
Value & Growth Measures
Stock Portfolio Benchmark Category Avg
As of 09/30/2014
*Forward-looking based on historical data
Style and Market Cap Breakdown and Value and Growth Measures are calculated only using the long position holdings of the portfolio.
Price/Prospective Earnings* 19.65 15.99 16.99
Price/Book* 2.08 1.88 2.00
Price/Sales* 1.43 1.24 1.31
Price/Cash Flow* 8.18 6.78 7.79
Dividend Yield %* 1.54 2.39 1.89
Long-Term Earnings % 11.37 10.23 10.15
Historical Earnings % -5.47 -8.01 -4.08
Sales Growth % -5.17 -11.76 -13.49
Cash-Flow Growth % 4.85 1.10 3.43
Book-Value Growth % -33.62 -11.26 -18.41
 
Ownership Zone
Weighted Average of holdings

75% of fund's stock holdings
 
Holdings Style
Portfolio Weight%
> 50% 25–50% 10–25% 0–10%
Investment Style History
Year Style % Equity
*As of 09/30/2014
Style Box Detail calculations do not include the fund's short positions (if any).
2014* 32.66
2013 31.71
2012 30.53
2011 15.74
2010 29.75
Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 09/30/2014
2014 25.21
2013 26.24
2012 39.64
2011 33.70
2010 33.35
 
Bond Statistics
Detail Value
As of 09/30/2014, *As of 09/30/2014
Average Effective Duration (Years)* 3.08
Average Effective Maturity (Years)* 7.46
Average Credit Quality BB
Average Weighted Coupon* 3.56
Average Weighted Price* 56.88
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 11.31 39.84 48.83
AA 6.06 27.06 2.83
A 10.40 18.75 7.86
BBB 26.29 14.16 5.49
BB 20.02 0.15 0.55
B 19.10 0.04 8.16
Below B 6.15 0.00 1.08
Not Rated 0.67 0.00 25.21
As of 09/30/2014
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

JAAAX

% Stocks Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
Cyclical
Basic Materials 4.70 5.42 5.98
Consumer Cyclical 11.15 11.25 12.47
Financial Services 10.43 17.80 12.25
Real Estate 8.47 4.41 5.48
Sensitive
Communication Services 4.87 3.80 4.89
Energy 11.59 8.09 10.81
Industrials 9.73 11.92 11.40
Technology 14.04 13.45 13.81
Defensive
Consumer Defensive 4.69 8.34 7.24
Healthcare 14.71 10.95 12.51
Utilities 5.63 4.56 3.16
As of 09/30/2014
Sector data is calculated only using the long position holdings of the portfolio.
Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 31.28 68.35 42.32
       
Corporate 20.77 22.74 8.55
       
Securitized 4.15 0.16 2.17
       
Municipal 0.00 0.00 0.05
       
Cash & Equivalents 39.86 8.75 44.92
       
Other 3.95 0.00 1.99
As of 09/30/2014
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% 1.36 0.05 39.72
0% to 4% 54.73 75.93 45.40
4% to 6% 26.25 17.20 7.64
6% to 8% 11.87 5.30 4.95
8% to 10% 4.99 1.47 2.06
10% to 12% 0.58 0.05 0.20
More than 12% 0.23 0.00 0.04
As of 09/30/2014
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

JAAAX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 61.13 75.36 69.55
Mexico 3.15 0.32 4.01
Venezuela 2.19 0.00 0.28
Brazil 2.05 0.22 1.50
RUSSIAN FEDERATION 1.73 0.00 0.16
Canada 1.67 1.37 1.49
Luxembourg 1.56 0.23 1.89
United Kingdom 1.50 3.34 2.11
Indonesia 1.47 0.03 0.32
France 1.30 2.42 0.98
As of 09/30/2014
Country breakdown data is calculated only using the long position holdings of the portfolio.

Bond Maturity Breakdown

 

JAAAX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 21.55 29.78 64.72
3 to 5 Years 20.86 24.46 10.16
5 to 7 Years 13.29 18.42 7.39
7 to 10 Years 14.55 11.36 4.99
10 to 15 Years 11.56 4.15 3.07
15 to 20 Years 2.93 2.40 1.07
20 to 30 Years 10.13 8.79 6.78
Over 30 Years 5.13 0.63 1.83
As of 09/30/2014
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World Regions

 

JAAAX

% Stocks Benchmark Category Avg
As of 09/30/2014
Region breakdown data is calculated by using the long position holdings of the portfolio equity part only.
Americas 74.39 73.68 73.22
North America 73.56 72.42 72.70
Latin America 0.83 1.26 0.52
Greater Europe 15.45 14.43 18.20
United Kingdom 4.37 4.24 6.85
Europe Developed 10.38 8.81 10.79
Europe Emerging 0.29 0.60 0.28
Africa/Middle East 0.41 0.77 0.28
Greater Asia 10.16 11.89 8.57
Japan 3.61 4.34 5.62
Australasia 0.77 1.57 0.43
Asia Developed 2.56 3.10 0.82
Asia Emerging 3.21 2.88 1.72
Market Classification
% Developed Markets 95.32 94.66 97.34
% Emerging Markets 4.68 5.34 2.66
 
Greater Asia Americas Greater Europe

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