Total returns on $10,000
Objective
The investment seeks high current income.
Under normal market conditions, the fund invests at least 80% of its assets in U.S. government debt securities, including U.S. Treasury securities and other securities issued or guaranteed by the U.S. government and its agencies and instrumentalities.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (bonds) | Credit Quality: High Interest-Rate Sensitivity: Mod |
| Morningstar category | Intermediate Government |
| Launch date | 09/10/1997 |
| Price currency | USD |
| Domicile | United States |
| Symbol | ABTAX |
| Manager & start date | Robert Gahagan 31/12/2002 Brian Howell 31/12/2006 Alejandro Aguilar 31/12/2006 Dan Shiffman 31/12/2006 James Platz 28/09/2007 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 200.66m USDAs of Apr 30 2013 |
| Net expense ratio | 0.73% |
| Front end load | 4.50% |
| Deferred load | -- |
| Redemption fee | -- |
| Min. initial investment | 2,500 USD |
| Min. additional investment | 50.00 USD |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
Diversification
Asset type
Bond | 86.77% |
|---|---|
Cash | 13.23% |
Other | 0.00% |
Non-US stock | 0.00% |
US stock | 0.00% |
Top 5 sectors
Agency Mortgage-Backed | 47.11% |
|---|---|
Government | 36.21% |
Cash & Equivalents | 13.23% |
Government Related | 3.45% |
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| US Treasury Note 1.5% | -- | 3.65% | |
| FNMA 4.5% | -- | 2.31% | |
| Fannie Mae Single Family TBA 3.5% 2042-01-01 | -- | 2.21% | |
| US Treasury Note 1.875% | -- | 2.21% | |
| Ginnie Mae Single Family TBA 4% 2042-01-01 | -- | 2.10% |