Key Characteristics as of 3/31/12
| Top Ten Holdings1 | |||
|---|---|---|---|
| Coupon | Maturity Date | ||
|
Clear Channel Communication, Inc. |
3.890 | 1/28/2016 | 1.05% |
|
Reynolds Group Issuer, Inc. |
9.880 | 8/15/2019 | 1.03% |
|
Block Communications, Inc. |
7.250 | 2/1/2020 | 1.03% |
|
Lawson Software, Inc. |
11.500 | 7/15/2018 | 1.02% |
|
E*Trade Financial Corp. |
12.500 | 11/30/2017 | 0.98% |
|
Michael Foods, Inc. |
9.750 |
7/15/2018 | 0.93% |
|
Sabra Health Care L.P. |
8.130 | 11/1/2018 | 0.92% |
|
The Neiman Marcus Group, Inc. |
10.380 | 10/15/2015 | 0.86% |
|
Dolphin Subsidiary II, Inc. |
7.250 | 10/15/2021 | 0.86% |
|
Burlington Coat Factory Warehouse Corp. |
10.000 | 2/15/2019 | 0.77% |
| Total | 9.45% | ||
| View Full Quarterly Holdings |  | ||
| Characteristics | |
|---|---|
| Number of Positions | 216 |
| Average Maturity (Years) | 5.47 |
| Average Duration (Years) | 4.25 |
| Beta3 | 0.79 |
| R-Squared3 | 0.93 |
| Sector Allocations2 | |
|---|---|
| Corporate Credit | 94.9% |
| Common Equity | 0.4% |
| Prefered Stock | 0.0% |
| Indexed Securities | 0.0% |
| Short-Term/Other Assets and Liabilities | 4.7% |
1 Portfolio holdings are subject to change and should not be considered a recommendation to buy or sell individual securities.
2 Sector allocations are subject to change.
3 Risk characteristics are relative to Barclays Capital Corporate High Yield Bond Index, and for the three-year period as of 3/31/12.