Moody's Quality Bond Rating¹
as of (03/31/2014)

Name Value
A 28.82%
Aa 12.41%
Aaa 21.20%
B 2.16%
Ba 4.48%
Baa 30.69%
Caa 0.24%

Effective Maturity
as of (03/31/2014)

Name Value
0-1 Year 18.55%
1-2 Years 31.14%
2-3 Years 31.74%
3-4 Years 15.16%
4-5 Years 2.09%
5+ Years 1.12%
Average Life 2.22 Years
Effective Duration 1.83 Years

Portfolio Composition
as of (03/31/2014)

Composition Fund Index
Corporate 61.32% 21.15%
   Financial 35.33% 9.84%
   Industrial 20.71% 10.47%
   Utility 5.28% 0.84%
Government Related 4.2% 15.87%
   Agency 0% 10.22%
   Local Authority 3.7% 0.92%
   Sovereign 0.5% 1.46%
   Supranational 0% 3.27%
Securitized 32.17% 0%
   ABS 10.5% 0%
   CMO 2.05% 0%
   CMBS 19.56% 0%
   MBS Passthrough 0.06% 0%
Treasury 1.15% 62.99%
Cash 1.16% 0%
TOTAL 100% 100%

Top 10 Holdings
as of (03/31/2014)

Name Value Coupon Maturity Date
Citibank Omni Master Trust, Series 2009-A17, Class A17 1.68% 4.90% 11/15/2018
Bank Of America Corp 1.32% 5.75% 12/01/2017
Murray Street Investment Trust I 1.26% 4.65% 03/09/2017
General Electric Capital Corp., Series Mtn 1.25% 5.63% 09/15/2017
JPMorgan Chase Bank Na, Series Bknt 1.24% 6.00% 10/01/2017
Santander Drive Auto Recs Trust, Ser 2012-3, Class C 1.22% 3.01% 04/16/2018
Citigroup, Inc. 1.21% 1.94% 05/15/2018
Avis Budget Rent Car Fund Aesop Llc, Ser 2012-1A, Cl A 1.21% 2.05% 08/20/2016
Illinois State, Build America Bonds 1.18% 4.20% 07/01/2014
U.S. Treasury Notes 1.15% 0.63% 05/31/2017

Current and future portfolio holdings are subject to change and risk.

¹ Credit quality ratings using Moody's rating symbols reflect the credit quality of the underlying bonds in the fund portfolio and not of the Fund itself. Moody's assigns a range of ratings from Aaa being the highest quality to C being the lowest rated class of bonds. Securities not rated by Moody's may be rated by S&P, Fitch or if no agency rating is available, the Fund will assign a rating of not rated. Bond quality ratings are subject to change.