Benchmark Morningstar Category
Allocation--30% to 50% Equity

Asset Allocation

 

PCEF


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 12/08/2016
Cash -3.46 7.09 3.64 2.01 8.09
US Stock 21.45 0.18 21.64 27.75 25.66
Non US Stock 7.33 0.00 7.33 13.38 8.01
Bond 66.94 1.58 68.51 56.74 56.04
Other 7.74 4.18 11.92 0.12 2.20
 

Style Details

 

PCEF

Avg Market Cap USD
58,621 Mil
 
Benchmark Market Cap USD
29,582 Mil
 
Category Avg Market Cap USD
49,260 Mil
Market Capitalization
Size % of Portfolio Benchmark Category Avg
Giant 52.23 40.79 50.02
Large 31.00 28.56 26.46
Medium 14.67 21.84 18.05
Small 1.93 8.42 4.70
Micro 0.18 0.39 0.76
Value & Growth Measures
Stock Portfolio Benchmark Category Avg
As of 12/08/2016
*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* 18.36 16.91 18.17
Price/Book* 2.10 1.89 2.20
Price/Sales* 1.60 1.35 1.62
Price/Cash Flow* 7.87 6.91 8.22
Dividend Yield %* 2.63 2.76 2.88
Long-Term Earnings % 8.75 8.78 19.26
Historical Earnings % -11.88 -55.27 -42.96
Sales Growth % -2.68 -45.67 -6.24
Cash-Flow Growth % -1.20 -12.86 -2.09
Book-Value Growth % 1.93 -44.26 -0.14
 
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 12/08/2016
Style Box Detail calculations do not include the fund's short positions (if any).
2016* 28.78
2015 27.48
2014 25.97
2013 29.81
2012 38.83
Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 07/31/2016
2016 66.94
2015 74.89
2014 72.31
2013 62.03
2012 54.04
 
Bond Statistics
Detail Value
As of 07/31/2016, *As of 12/08/2016
Average Effective Duration (Years)*
Average Effective Maturity (Years)*
Average Credit Quality Not Rated
Average Weighted Coupon* 5.63
Average Weighted Price*
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 33.95 67.23 36.20
AA 2.61 11.03 5.17
A 4.47 11.69 10.52
BBB 13.27 9.94 15.44
BB 17.99 0.06 9.23
B 17.96 0.00 10.41
Below B 6.22 0.01 3.89
Not Rated 3.52 0.04 9.15
As of 07/31/2016
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

PCEF

% Stocks Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
Cyclical
Basic Materials 5.70 5.12 4.73
Consumer Cyclical 10.00 11.01 10.63
Financial Services 16.07 17.68 14.89
Real Estate 1.37 4.32 5.20
Sensitive
Communication Services 3.71 4.11 4.27
Energy 12.14 7.42 8.80
Industrials 9.31 11.33 11.11
Technology 17.71 15.22 15.11
Defensive
Consumer Defensive 8.22 9.42 8.95
Healthcare 11.61 10.35 12.17
Utilities 4.18 4.02 4.14
As of 12/08/2016
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 14.39 61.34 31.19
Government 11.62 60.92 21.84
Government-Related 2.77 0.42 9.35
       
Corporate 66.51 29.01 28.49
       
Securitized 9.64 6.21 19.70
Agency Mortgage-Backed 3.23 5.18 9.49
Non-Agency Residential MBS 2.30 0.00 1.47
Commercial MBS 1.70 1.01 4.71
Asset-Backed 2.42 0.02 4.03
Covered Bond 0.00 0.00 0.01
       
Municipal 4.04 0.00 2.85
       
Cash & Equivalents 3.76 3.44 13.86
       
Other 1.66 0.00 3.91
As of 12/08/2016
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% 2.71 0.11 7.67
0% to 4% 22.95 85.32 59.67
4% to 6% 30.49 11.06 18.01
6% to 8% 29.79 2.80 11.53
8% to 10% 10.97 0.67 1.44
10% to 12% 2.47 0.04 1.58
More than 12% 0.62 0.00 0.10
As of 12/08/2016
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

PCEF

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 67.64 82.88 86.84
Canada 2.55 1.05 1.41
Luxembourg 2.46 0.23 0.61
Netherlands 2.24 1.57 1.07
Mexico 2.09 0.47 0.60
Cayman Islands 2.07 0.42 1.10
United Kingdom 1.97 2.31 1.48
France 1.79 1.38 0.66
Indonesia 1.35 0.11 0.17
Australia 1.28 0.97 0.40
As of 12/08/2016
Country breakdown data is calculated only using the long rescaled holdings of the portfolio.

Bond Maturity Breakdown

 

PCEF

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 11.75 18.75 17.59
3 to 5 Years 22.91 34.89 15.62
5 to 7 Years 21.83 27.15 15.66
7 to 10 Years 13.97 8.28 15.16
10 to 15 Years 4.08 2.32 5.34
15 to 20 Years 3.82 1.30 4.59
20 to 30 Years 12.13 6.91 18.65
Over 30 Years 9.51 0.41 7.38
As of 12/08/2016
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World Regions

 

PCEF

% Stocks Benchmark Category Avg
As of date not available
Region breakdown data is calculated by using the long position holdings of the portfolio equity part only.
Americas 70.90 78.85
North America 69.33 78.39
Latin America 1.56 0.45
Greater Europe 13.66 13.54
United Kingdom 3.33 4.85
Europe Developed 8.62 8.08
Europe Emerging 0.68 0.22
Africa/Middle East 1.03 0.39
Greater Asia 15.44 7.62
Japan 5.39 3.37
Australasia 1.42 1.04
Asia Developed 4.03 1.63
Asia Emerging 4.59 1.59
Market Classification
% Developed Markets 97.83 92.48 97.57
% Emerging Markets 2.17 7.52 2.43
 
Greater Asia Americas Greater Europe

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