Benchmark Morningstar Category
Muni National Short

Asset Allocation

 

SNDPX

 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 09/30/2014
Cash 11.26 11.26 15.04
US Stock 0.00 0.00 0.00
Non US Stock 0.00 0.00 0.00
Bond 88.74 88.74 84.85
Other 0.00 0.00 0.11
 

Style Details

 

SNDPX

Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 09/30/2014
2014 88.74
2013 89.21
2012 90.75
2011 91.99
2010 94.23
 
Bond Statistics
Detail Value
As of 09/30/2014, *As of 09/30/2014
Average Effective Duration (Years)* 4.10
Average Effective Maturity (Years)* 4.71
Average Credit Quality AA
Average Weighted Coupon* 4.80
Average Weighted Price* 113.65
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 22.80 20.60
AA 54.88 50.72
A 20.40 20.78
BBB 0.97 4.65
BB 0.20 0.51
B 0.28 0.13
Below B 0.00 0.02
Not Rated 0.47 2.58
As of 09/30/2014
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

SNDPX

Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Municipal 84.14 84.48
State and Local General Obligation 30.87 26.51
Advance Refunded 2.41 2.70
Tobacco 0.00 1.17
Education 9.47 11.63
Health 0.45 7.12
Housing 0.00 1.00
Industrial 3.65 7.08
Transportation 23.21 13.24
Utilities 5.75 5.10
Water & Sewer 8.33 5.20
Miscellaneous Revenue 0.00 3.73
       
Cash & Equivalents 11.26 15.20
       
Other 4.60 0.32
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% 0.40 0.44
0% to 4% 7.18 40.72
4% to 6% 91.79 58.48
6% to 8% 0.62 0.31
8% to 10% 0.02 0.05
10% to 12% 0.00 0.00
More than 12% 0.00 0.00
As of 09/30/2014
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

SNDPX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 100.00 100.00
As of 09/30/2014
Country breakdown data is calculated only using the long position holdings of the portfolio.

Bond Maturity Breakdown

 

SNDPX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 28.32 21.57
3 to 5 Years 13.97 26.83
5 to 7 Years 16.20 19.78
7 to 10 Years 18.85 3.66
10 to 15 Years 21.62 6.77
15 to 20 Years 0.64 3.87
20 to 30 Years 0.40 14.52
Over 30 Years 0.00 2.99
As of 09/30/2014

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