Portfolio Statistics

Assets

Total Fund AssetsAs of 12/31/2019 (updated monthly) $3,908.1 (M)
Net Assets - Advisor ClassAs of 12/31/2019 (updated monthly) $187.6 (M)

Positions As of 12/31/2019

Bonds 72
Convertibles 15
Equities 34
Number of Issuers 113
Total Positions 168

Equity VS. Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index

Fund Benchmark
Market Capitalization As of 12/31/2019 (updated monthly) $280,615.20(M) $152,275.34(M)
P/B Ratio As of 12/31/2019 (updated monthly) 2.76 3.72
P/E Ratio (12-mo Trailing) As of 12/31/2019 (updated monthly) 20.16 19.96
Price to Cash Flow As of 12/31/2019 (updated monthly) 9.60 11.92

FIXED INCOME VS. Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index

Fund Benchmark
Average Duration As of 12/31/2019 (updated monthly) 4.13 Year(s) 6.42 Year(s)
Average Weighted Maturity As of 12/31/2019 (updated monthly) 5.04 Year(s) 9.17 Year(s)

Portfolio Details

Asset AllocationAs of 12/31/2019

[name] [value]
Fixed Income 48.23%
Equity 32.91%
Convertibles 14.79%
Cash & Cash Equivalents 4.07%

Quality Breakdown As of 12/31/2019

AAA 26.68%
AA 1.15%
AA- 1.39%
A+ 1.91%
A 3.20%
A- 5.25%
BBB+ 10.50%
BBB 15.41%
BBB- 15.94%
BB+ 1.70%
BB 2.91%
BB- 5.23%
B+ 0.58%
B 1.12%
B- 7.03%

TOP TEN HOLDINGSAs of 12/31/2019

Issuer Country Industry % of total
GOVERNMENT OF THE UNITED STATES OF AMERICA N/A Fixed Income 7.84%
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION N/A Fixed Income 3.81%
JPMORGAN CHASE & CO N/A Banks 2.59%
BANK OF AMERICA CORP N/A Banks 2.29%
INTEL CORP N/A Semiconductors & Semiconductor Equipment 2.12%
MORGAN STANLEY N/A Diversified Financials 2.09%
WELLS FARGO & CO N/A Banks 1.94%
APPLE INC N/A Technology Hardware & Equipment 1.87%
CVS HEALTH CORP N/A Health Care Equipment & Services 1.80%
BROADCOM INC N/A Semiconductors & Semiconductor Equipment 1.79%

Market Capitalization Breakdown As of 12/31/2019

[name] [value]
<2.0 Billion 2.86%
2.0-5.0 Billion 3.13%
10.0-25.0 Billion 1.49%
25.0-50.0 Billion 5.60%
>50.0 Billion 86.91%