Benchmark Morningstar Category
Tactical Allocation

Asset Allocation

 

PAUAX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 09/30/2014
Cash -67.62 163.89 96.27 0.02 11.99
US Stock 0.04 1.06 1.10 51.43 36.97
Non US Stock 1.36 0.02 1.37 24.81 11.30
Bond 142.21 41.97 184.18 20.08 32.46
Other 24.02 34.52 58.54 3.67 7.28
 

Style Details

 

PAUAX

Avg Market Cap USD
23,126 Mil
 
Benchmark Market Cap USD
24,396 Mil
 
Category Avg Market Cap USD
23,864 Mil
Market Capitalization
Size % of Portfolio Benchmark Category Avg
Giant 42.15 37.97 37.56
Large 28.56 25.92 23.85
Medium 20.48 24.73 24.46
Small 7.56 10.78 11.14
Micro 1.25 0.59 2.98
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* 14.62 16.43 16.74
Price/Book* 1.94 1.91 1.96
Price/Sales* 1.30 1.26 1.40
Price/Cash Flow* 7.56 6.97 7.55
Dividend Yield %* 2.69 2.31 2.57
Long-Term Earnings % 11.30 10.04 10.54
Historical Earnings % 1.72 -9.41 -21.26
Sales Growth % -14.84 -11.98 -18.34
Cash-Flow Growth % 4.93 0.68 1.05
Book-Value Growth % -30.81 -10.74 -10.03
 
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* 1.40
2013 -0.55
2012 -17.14
2011 -2.57
2010 -17.68
Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 03/31/2010
2014 142.21
2013 182.73
2012 115.78
2011 137.97
2010 121.13
 
Bond Statistics
Detail Value
As of 03/31/2010, *As of 09/30/2014
Average Effective Duration (Years)* 3.68
Average Effective Maturity (Years)*
Average Credit Quality Not Rated
Average Weighted Coupon* 3.77
Average Weighted Price*
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 41.29 33.16
AA 27.12 15.34
A 18.27 9.91
BBB 13.14 9.89
BB 0.15 4.89
B 0.04 6.55
Below B 0.00 3.60
Not Rated 0.00 16.67
As of 03/31/2010
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

PAUAX

% Stocks Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
Cyclical
Basic Materials 5.04 5.48 3.97
Consumer Cyclical 8.61 11.26 12.20
Financial Services 16.37 17.79 15.14
Real Estate 4.81 4.43 6.23
Sensitive
Communication Services 4.13 3.84 3.20
Energy 10.38 7.97 8.70
Industrials 13.04 11.93 10.87
Technology 11.57 13.53 16.14
Defensive
Consumer Defensive 16.22 8.40 7.52
Healthcare 7.86 10.99 12.78
Utilities 1.97 4.37 3.26
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 40.73 74.28 19.13
       
Corporate 12.76 25.44 19.77
       
Securitized 6.97 0.18 8.79
       
Municipal 0.42 0.00 0.10
       
Cash & Equivalents 26.86 0.10 38.79
       
Other 12.26 0.00 13.43
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% 25.17 0.05 19.32
0% to 4% 40.72 77.32 40.48
4% to 6% 22.08 16.53 21.45
6% to 8% 7.57 4.31 11.95
8% to 10% 3.09 1.72 5.73
10% to 12% 1.08 0.06 0.91
More than 12% 0.28 0.00 0.16
As of 09/30/2014
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

PAUAX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 72.71 74.40 75.42
Cayman Islands 2.42 0.60 4.22
Luxembourg 2.00 0.21 1.36
Netherlands 1.84 1.39 1.30
United Kingdom 1.67 3.45 3.78
Mexico 1.51 0.30 0.42
France 1.32 2.56 2.32
South Africa 1.32 0.01 0.14
Brazil 1.25 0.21 0.23
Italy 1.17 1.91 0.70
As of 09/30/2014
Country breakdown data is calculated only using the long position holdings of the portfolio.

Bond Maturity Breakdown

 

PAUAX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 45.62 28.16 18.67
3 to 5 Years 14.57 29.68 20.85
5 to 7 Years 6.63 24.77 14.45
7 to 10 Years 9.92 7.01 16.29
10 to 15 Years 4.52 3.21 3.87
15 to 20 Years 1.75 1.95 1.68
20 to 30 Years 12.84 4.63 10.57
Over 30 Years 4.17 0.59 13.62
As of 09/30/2014
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World Regions

 

PAUAX

% 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 48.25 71.22 78.77
North America 45.72 69.81 77.73
Latin America 2.53 1.42 1.04
Greater Europe 30.39 15.66 12.93
United Kingdom 9.08 4.60 3.36
Europe Developed 18.41 9.52 8.54
Europe Emerging 1.45 0.68 0.40
Africa/Middle East 1.45 0.87 0.63
Greater Asia 21.36 13.11 8.30
Japan 4.43 4.70 2.13
Australasia 1.12 1.71 0.96
Asia Developed 10.40 3.46 1.96
Asia Emerging 5.42 3.24 3.25
Market Classification
% Developed Markets 89.38 93.99 94.84
% Emerging Markets 10.62 6.01 5.16
 
Greater Asia Americas Greater Europe

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