Portfolio Statistics

Assets

Total Fund AssetsAs of 05/31/2020 (updated monthly) $64,702.1 (M)
Net Assets - Advisor ClassAs of 04/30/2020 (updated monthly) $9,809.2 (M)

PositionsAs of 04/30/2020

Bonds 83
Convertibles 43
Equities 60
Number of Issuers 150
Total Positions 370

Equity VS. Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index

Fund Benchmark
Market Capitalization As of 04/30/2020 (updated monthly) $199,528.85(M) $144,187.58(M)
P/B Ratio As of 04/30/2020 (updated monthly) 1.75 3.17
P/E Ratio (12-mo Trailing) As of 04/30/2020 (updated monthly) 14.94 17.15
Price to Cash Flow As of 04/30/2020 (updated monthly) 7.22 10.07

FIXED INCOME VS. Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index

Fund Benchmark
Average Duration [further-information] As of 04/30/2020 (updated monthly) 3.15 Year(s) 4.71 Year(s)
Average Weighted Maturity [further-information]

Portfolio Details

Asset Allocation [further-information] As of 04/30/2020 - Market Value

[name] [value]
Fixed Income 43.14%
Equity 33.31%
Convertibles/Equity-Linked Notes 21.30%
Cash & Cash Equivalents 2.24%

Quality Breakdown [further-information] As of 04/30/2020 - Market Value

AAA 11.05%
AA 0.11%
A+ 0.09%
A 0.59%
A- 0.35%
BBB+ 1.18%
BBB 4.08%
BBB- 1.60%
BB+ 2.08%
BB 3.37%
BB- 1.14%
B+ 1.37%
B 3.04%
B- 4.25%
CCC+ 2.97%
CCC 1.27%
CCC- 0.22%
CC 2.92%
C 1.02%
Not Rated 0.42%
Not Applicable 0.03%

Quality Breakdown [further-information] As of 04/30/2020 - Market Value

[name] [value]
Investment Grade 19.04%
Below Investment Grade 23.64%
Not Rated 0.42%
N/A 0.03%
Investment Grade 19.04%
AAA 11.05%
AA 0.11%
A 1.02%
BBB 6.86%
Below Investment Grade 23.64%
BB 6.58%
B 8.66%
CCC 4.46%
CC 2.92%
C 1.02%
Not Rated 0.42%
N/A 0.03%

sector breakdown [further-information] As of 04/30/2020 - Market Value

[name] [value]
Fixed Income 43.14%
Information Technology 8.76%
Health Care 8.62%
Financials 8.17%
Utilities 5.15%
Energy 4.59%
Communication Services 4.33%
Industrials 4.01%
Consumer Discretionary 3.78%
Other 9.45%

TOP TEN HOLDINGSAs of 04/30/2020

Issuer Country Industry % of total
GOVERNMENT OF THE UNITED STATES OF AMERICA N/A Government 8.27%
COMMUNITY HEALTH SYSTEMS INC N/A Health Care Equipment & Services 5.38%
TENET HEALTHCARE CORP N/A Health Care Equipment & Services 3.13%
BANK OF AMERICA CORP N/A Banks 2.59%
JPMORGAN CHASE & CO N/A Banks 2.52%
T-MOBILE US INC N/A Telecommunication Services 2.27%
INTEL CORP N/A Semiconductors & Semiconductor Equipment 2.13%
THE SOUTHERN CO N/A Utilities 2.04%
BRISTOL-MYERS SQUIBB CO N/A Pharmaceuticals, Biotechnology & Life Sciences 1.79%
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION N/A Government 1.72%

Market Capitalization Breakdown As of 04/30/2020

[name] [value]
<2.0 Billion 1.60%
2.0-5.0 Billion 3.10%
5.0-10.0 Billion 1.44%
10.0-25.0 Billion 3.91%
25.0-50.0 Billion 8.69%
>50.0 Billion 78.51%
N/A 2.76%