Benchmark Morningstar Category
Muni National Interm

Asset Allocation

 

SWNTX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 03/31/2017
Cash 0.80 0.10 0.90 2.67
US Stock 0.00 0.00 0.00 0.00
Non US Stock 0.00 0.00 0.00 0.00
Bond 99.20 0.00 99.20 97.18
Other 0.00 0.00 0.00 0.15
 

Style Details

 

SWNTX

Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 12/31/2016
2017 99.20
2016 98.02
2015 98.91
2014 99.03
2013 98.88
 
Bond Statistics
Detail Value
As of 12/31/2016, *As of 03/31/2017
Average Effective Duration (Years)* 5.32
Average Effective Maturity (Years)* 5.44
Average Credit Quality A
Average Weighted Coupon* 4.48
Average Weighted Price* 108.03
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 17.53 10.66
AA 41.84 19.74
A 25.99 45.75
BBB 13.12 18.24
BB 0.71 0.42
B 0.00 0.19
Below B 0.00 0.03
Not Rated 0.81 4.97
As of 12/31/2016
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

SWNTX

Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Municipal 98.68 95.81
State and Local General Obligation 25.70 22.36
Advance Refunded 4.45 12.86
Tobacco 0.00 1.15
Education 34.25 12.72
Health 15.13 10.15
Housing 4.25 0.77
Industrial 0.82 3.92
Transportation 7.73 17.98
Utilities 0.76 7.68
Water & Sewer 5.61 5.95
Miscellaneous Revenue 0.00 0.29
       
Cash & Equivalents 0.90 2.98
       
Other 0.42 1.21
As of 03/31/2017
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% 4.06 2.50
0% to 4% 25.74 10.24
4% to 6% 69.22 81.39
6% to 8% 0.98 5.62
8% to 10% 0.00 0.24
10% to 12% 0.00 0.00
More than 12% 0.00 0.00
As of 03/31/2017
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

SWNTX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 100.00 100.00
As of 03/31/2017
Country breakdown data is calculated only using the long rescaled holdings of the portfolio.

Bond Maturity Breakdown

 

SWNTX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 15.29 6.97
3 to 5 Years 13.23 5.80
5 to 7 Years 13.59 17.88
7 to 10 Years 12.91 14.93
10 to 15 Years 13.92 10.52
15 to 20 Years 11.68 12.58
20 to 30 Years 13.08 26.96
Over 30 Years 0.00 3.25
As of 03/31/2017

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