BATS | ETF
The fund is actively managed using a model-based approach and seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus borrowings for investment purposes, in fixed income securities, including individual bonds as well as exchange-traded funds ("ETFs") that invest primarily in bonds.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| VBIL | Vanguard 0-3 Month Treasury Bill ETF | 37.68% | ||
| ICVT | iShares Convertible Bond ETF | 23.47% | ||
| VWOB | Vanguard Emerging Markets Government Bond Index Fund ETF Shares | 20.12% | ||
| JNK | SPDR® Bloomberg High Yield Bond ETF | 19.95% | ||
| EMB | iShares J.P. Morgan USD Emerging Markets Bond ETF | 19.93% | ||
| SPHY | SPDR Portfolio High Yield Bond | 19.03% | ||
| PFF | iShares Preferred and Income Securities ETF | 18.83% | ||
| VGLT | Vanguard Long-Term Treasury Index Fund ETF Shares | 18.73% | ||
| CJNK | SPDR ICE BofAML Broad High Yield Bond ETF | 18.71% | ||
| FXFXX | First American Funds Inc. - Treasury Obligations Fund | 0.90% |