Portfolio Composition
as of (03/31/2013)
| Name |
Value |
| CORPORATE BONDS |
99.69% |
| Cash & Equivalents |
0.31% |
Moody's Quality Bond Rating¹
as of (03/31/2013)
| Name |
Value |
| A |
26.80% |
| Aa |
2.00% |
| Aaa |
0.30% |
| B |
8.70% |
| Ba |
11.70% |
| Baa |
50.51% |
|
Effective Duration Breakdown
as of (03/31/2013)
| Name |
Value |
| 0-1 Years |
4.3% |
| 1-3 Years |
13% |
| 3-5 Years |
18.6% |
| 5-7 Years |
13.8% |
| 7-10 Years |
28.3% |
| 10-20 Years |
5.7% |
| 20+ Years |
16.3% |
| Average Life |
9.43 Years |
| Effective Duration |
6.68 Years |
|
Top 10 Holdings
as of (03/31/2013)
| Name |
Value |
Coupon |
Maturity Date |
| JPMorgan Chase & Co. |
2.02% |
4.35% |
08/15/2021 |
| Murray Street Investment Trust I |
1.94% |
4.65% |
03/09/2017 |
| Morgan Stanley, Series MTN |
1.67% |
6.63% |
04/01/2018 |
| Bank Of America Corp., Series MTN |
1.65% |
3.30% |
01/11/2023 |
| American International Group, Inc. |
1.48% |
3.80% |
03/22/2017 |
| General Electric Capital Corp., Series B |
1.31% |
6.25% |
01/18/2038 |
| Boardwalk Pipelines L.P. |
1.03% |
3.38% |
02/01/2023 |
| HSBC Finance Corp. |
1.02% |
6.68% |
01/15/2021 |
| Atlas Pipeline Partners LP / Atlas Pipeline Fin Corp. |
1.01% |
5.88% |
08/01/2023 |
| Bear Stearns Cos., LLC |
0.99% |
5.55% |
01/22/2017 |
|
¹ Quality ratings reflect the credit quality of the underlying bonds in the fund portfolio and not of the Fund itself. The percentages are based on a weighted average calculation. Not rated securities may be rated by S&P, Fitch or by Sterling Capital Management LLC. The Fund invests primarily in investment grade quality bonds at the time of purchase. Please see the prospectus for more details. Bond quality ratings are subject to change.
|