Fund Description
The investment seeks a high level of total return consisting of both income and capital appreciation. The fund seeks to achieve its investment objective through investment in debt securities issued by corporate entities that are organized in or maintain their principal place of business in countries throughout the world, including the U.S. The issuers of such debt will include public, private, and state-owned or sponsored corporations. It is an actively managed exchange traded fund ("ETF"). The fund may invest up to 20% of its net assets in derivatives, such as swaps and forward currency contracts. It is non-diversified.
Fund Snapshot Updated 05.22.2013
| Previous Close | — | Expense Ratio | 0.45% |
| YTD Return | 0.0% | Avg. 30-Day Volume | 280 |
| 1-Year Return | 0.0% | Market Cap | Loading... |
| Bid | $76.08 | Shares Outstanding | 100,000 |
| Ask | $76.29 | Dividends | $2.69 |
| Top 10 Holdings | |
|---|---|
| Gmac Cap Tr I (ALLY-A) | 75.62% |
| Bank Amer Corp (—) | 1.00% |
| Citigroup Inc (—) | 0.94% |
| Intesa Sanpaolo S P A (—) | 0.93% |
| Chrysler Group Llc / Cg Co-Iss (—) | 0.92% |
| Nara Cable Fdg Ltd (—) | 0.91% |
| Royal Bk Of Scotland Plc (—) | 0.91% |
| Goldman Sachs Group Inc (—) | 0.90% |
| Hutchison Whampoa Intl 12 Ii (—) | 0.89% |
| Wells Fargo Co Mtn Be (—) | 0.87% |
| % of Total Holdings | 83.90% |
