Newfleet's All-Weather Bond Strategy is a multi-sector strategy that uses a best ideas approach to capture a broader opportunity set than traditional Core Plus strategies.
Portfolio Characteristics
Portfolio
Barclays Univ
Weighted Average Price
$105.71
$107.76
Coupon*
4.88%
3.88%
Yield to Maturity
3.37%
2.28%
Yield to Worst
3.31%
2.23%
Option Adjusted Duration
5.27
5.18
Weighted Average Life
6.24
6.99
Option Adjusted Spread
136.98
95.81
Moody's Rating
A3
Aa3
S&P Rating
A-
A+
Source: Barclays Capital *Average coupon excludes cash equivalents
Top Credit Issuers in Portfolio
% of Portfolio
JPMorgan Chase & Co
1.52%
Novatek OAO via Novatek Finance Ltd
1.01%
General Electric Capital Corp
0.98%
Regions Financial Corp
0.95%
Goldman Sachs Group Inc/The
0.92%
Morgan Stanley
0.84%
Phillips 66
0.81%
First Data Corp
0.78%
Energy Transfer Partners LP
0.76%
Prudential Financial Inc
0.73%
Percentages reflect only credit issues with maturity of one year or greater
Sector Weightings
% of Portfolio
Barclays Univ
Treasury
10.45%
30.79%
Agency
0.69%
4.01%
Corporate Investment Grade
25.28%
28.72%
Non-Corporate Investment Grade
2.98%
9.09%
High Yield
26.86%
0.0%
Mortgage Backed Securities (MBS)
23.72%
26.42%
Asset-Backed Securities (ABS)
4.48%
0.29%
Collateralized Mortgage Obligations (CMO)
0.98%
0.0%
Cash
4.31%
0.0%
Other
0.0%
0.0%
Source: Barclays Capital Totals may not add up to 100% due to rounding.
Sector Weightings
Source: Barclays Capital Totals may not add up to 100% due to rounding.
Quality Breakdown
% of Portfolio
Barclays Univ
Aaa
35.8%
63.1%
Aa
5.8%
5.3%
A
9.4%
11.5%
Baa
25.7%
12.2%
Ba
8.2%
3.2%
B
12.3%
3.4%
<B
2.7%
1.1%
NR
0.1%
0.1%
Source: Barclays Capital Newfleet Composite Ratings Totals may not add up to 100% due to rounding.
