Benchmark Morningstar Category
Preferred Stock

Asset Allocation

 

PPSAX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 07/31/2014
Cash 1.44 0.01 1.44 -1.63
US Stock 2.49 0.00 2.49 6.13
Non US Stock 3.01 0.00 3.01 4.20
Bond 39.92 0.00 39.92 30.59
Other 53.14 0.00 53.14 60.71
 

Style Details

 

PPSAX

Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 07/31/2014
2014 39.92
2013 37.29
2012 31.41
2011 18.87
2010 14.41
 
Bond Statistics
Detail Value
As of 07/31/2014, *As of 07/31/2014
Average Effective Duration (Years)* 6.48
Average Effective Maturity (Years)*
Average Credit Quality BB
Average Weighted Coupon* 6.95
Average Weighted Price* 116.02
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 1.05 0.19
AA 0.00 1.92
A 5.47 9.34
BBB 60.85 57.52
BB 28.89 21.27
B 3.65 1.80
Below B 0.00 0.09
Not Rated 0.09 7.88
As of 07/31/2014
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

PPSAX

Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 1.53 5.72
       
Corporate 94.90 92.37
       
Securitized 2.02 1.15
       
Municipal 0.00 0.00
       
Cash & Equivalents 1.55 0.76
       
Other 0.00 0.00
As of 07/31/2014
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% PIK 0.00 0.00
0% to 4% 3.36 9.59
4% to 6% 21.14 9.45
6% to 8% 56.66 58.79
8% to 10% 11.98 13.97
10% to 12% 6.86 8.20
More than 12% 0.00 0.00
As of 07/31/2014
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

PPSAX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 54.18 57.91
France 11.15 8.73
United Kingdom 9.84 11.61
Netherlands 5.25 4.53
Japan 5.22 3.19
Switzerland 5.02 3.51
Jersey 4.72 3.98
Germany 2.12 1.63
British Virgin Islands 1.33 0.28
Brazil 1.17 1.47
As of 07/31/2014
Country breakdown data is calculated only using the long position holdings of the portfolio.

Bond Maturity Breakdown

 

PPSAX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 0.00 5.45
3 to 5 Years 0.01 3.33
5 to 7 Years 0.01 1.97
7 to 10 Years 3.91 4.37
10 to 15 Years 2.52 0.19
15 to 20 Years 3.76 7.79
20 to 30 Years 13.38 10.94
Over 30 Years 76.41 65.95
As of 07/31/2014

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