Total Return Fund - I Class

Invests in a diversified portfolio of bonds and other debt instruments. The fund has considerable flexibility in seeking strong returns and its portfolio is constructed with a goal of being able to respond to a wide variety of market conditions.

Yield and share price will vary with interest rate changes. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.

Morningstar (Category)

Morningstar
(Overall Rating)1

Intermediate Core-Plus Bond
  (569 funds)

Data as of 12/31/2021

Data as of 12/31/2021

Fund Manager Tenure2

Net Assets3
(USD)

5yrs
$668.0m

Data as of 12/31/2021

Data as of 12/31/2021

Price
(USD)

Daily Price Change

$10.25
$+0.04

Data as of 01/21/2022

Data as of 01/21/2022

Morningstar Ratings™ are based on risk-adjusted returns. Click on "Overall Rating" for the fund's 3-, 5-, and 10-year (if applicable) Morningstar Ratings™.

Christopher P. Brown, Jr., CFA
Christopher P. Brown, Jr., CFA, Co-Portfolio Manager

Chris Brown is the head of the Securitized Products team and a portfolio manager in the Fixed Income Division, where he co-manages the Total Return Bond Strategy. He is the co-president and cochair...

Anna Dreyer, CFA, Ph.D.
Anna Dreyer, CFA, Ph.D., Co-Portfolio Manager

Anna Dreyer is the head of risk and portfolio construction research in the Fixed Income Division and a co-portfolio manager of the Total Return Bond Strategy. Anna leads a team of researchers dedic...

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Strategy

Investment Objective

The fund seeks to maximize total return through income and capital appreciation.

Yields & Dividends (I Class)

30-Day SEC Standardized Yield
with waiver
2.51%

Data as of 12/31/2021

without waiver
2.47%

Data as of 12/31/2021

30-Day Annualized Dividend Yield
with waiver
2.62%

Data as of 01/21/2022

Monthly Dividend
(USD)
$0.028656788

Data as of 12/31/2021

Monthly Dividend
Rate
0.02%

Data as of 01/21/2022

US Mutual Fund vendor indices disclaimers

Sectors

Total
Sectors
12

Data as of 12/31/2021

Benchmark: Bloomberg U.S. Aggregate Bond Index

Largest Sector Mortgage 38.47% Was (11/30/2021) 39.55%
Other View complete

Over

High Yield
By 22.60%
Fund 22.60%
Benchmark 0.00%

Under

U.S. Treasury
By -17.57%
Fund 21.91%
Benchmark 39.48%

Data as of 12/31/2021

For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.

View platform information
1

© 2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

2

Number of years managing the fund.  In the case of co-portfolio management, the longer tenure is displayed.

3

Figure applies to all share classes.

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