Total returns on $10,000
Objective
The investment seeks to maximize total return; as a secondary objective, the fund seeks a high level of income.
The fund invests at least 65% of its assets in investment-grade, non-money market debt securities. To round out the portfolio, it may invest up to 35% of its assets in high-yield and/or emerging markets debt securities. No more than 10% of the fund's assets may be invested in non-dollar denominated debt securities. The weighted average duration of the fund's portfolio must be three years or shorter.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (bonds) | Credit Quality: Mid Interest-Rate Sensitivity: Ltd |
| Morningstar category | Short-Term Bond |
| Launch date | 30/11/2006 |
| Price currency | USD |
| Domicile | United States |
| Symbol | ACSQX |
| Manager & start date | Robert Gahagan 30/11/2006 G. MacEwen 30/11/2006 Jeffrey Houston 30/11/2006 Alejandro Aguilar 30/11/2006 James Platz 30/09/2007 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 111.51m USDAs of Apr 30 2013 |
| Net expense ratio | 0.86% |
| Front end load | 2.25% |
| 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 | 86.95% |
|---|---|
Cash | 13.04% |
Other | 0.01% |
US stock | 0.00% |
Non-US stock | 0.00% |
Top 5 sectors
Government | 37.61% |
|---|---|
Corporate Bond | 32.22% |
Cash & Equivalents | 13.09% |
Agency Mortgage-Backed | 6.18% |
Non-Agency Residential Mortgage-Backed | 5.41% |
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| US Treasury Note 1.75% | -- | 9.92% | |
| US Treasury Note 2.25% | -- | 4.82% | |
| US Treasury Note 1.875% | -- | 4.17% | |
| US Treasury Note 0.625% | -- | 4.01% | |
| US Treasury Note 1.5% | -- | 2.84% |