6 9

Diversified Income Fund

DISCLOSURES

THIS INFORMATION IS FOR MARKETING PURPOSES ONLY

Please note that this is an actively managed product. 

Class I shares are only available to certain qualifying institutional investors.

LU1099987619
$ 148.50
$0.56 As of 14-Mar-25
US$61M
As of 28-Feb-25

Diversified Income Fund

LU1099987619
$0.56 As of 14-Mar-25
As of 28-Feb-25
LU1099987619
$ 148.5
$0.56 As of 14-Mar-25
$61M
As of 28-Feb-25
  • Overview

    INVESTMENT OBJECTIVE

    Seeks total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars.

    INVESTMENT FOCUS

    Combines broad diversification across multiple income-oriented asset classes, active asset allocation, and bottom-up security selection

    Invests primarily in debt securities (corporate and government issues), dividend paying equities, and real estate-related securities

    Uses a flexible, but disciplined approach to active asset allocation

    Important Risk Considerations

    The fund may not achieve its objective and/or you could lose money on your investment in the fund.

    Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.

    Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.

    Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.

    Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.

    High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.

    Real Estate: Real estate-related investments can be volatile because of general, regional, and local economic conditions, fluctuations in interest rates and property tax rates; shifts in zoning laws, environmental regulation and other governmental actions; increased operation expenses; lack of availability of mortgage funds; losses due to natural disasters; changes in property values and rental rates; overbuilding; losses due to casualty or condemnation, cash flows; the management skill and creditworthiness of the REIT manager, and other factors.

    Please see the prospectus for further information on these and other risk considerations.

    Fund Information

    • Fund Inception 31-Oct-2014
    • Net Assets (US$ M) As of 28-Feb-25 US$61.25
    • Fiscal Year End JANUARY
    • SFDR Classification

      Article 6: Integrates sustainability risks into the investment process.

      Article 8: Systematically promotes a stated environmental or social characteristic and provides enhanced disclosure accordingly.

      Article 9: Typically for "impact" funds, which have a dual objective of financial return and specific environmental or social outcomes.
      Article 8
    • Benchmark Standard & Poor's 500 Stock Index

    Share Class Information

    • Class Inception 31-Oct-2014
    • Net Asset Value (NAV) As of 14-Mar-25 $148.50
    • Most Recent NAV Change As of 14-Mar-25 $0.56 | 0.38%
    • ISIN LU1099987619
    • SEDOL BQ1JVG0
    • WKN A11902
    • Bloomberg MFSI1US LX
    • CUSIP L6366H542
    • Maximum Sales Charge --
    • Benchmark Standard & Poor's 500 Stock Index

    MANAGERS

    Robert Almeida
    Robert Almeida

    Lead Portfolio Manager

    7 YEARS WITH PORTFOLIO

    VIEW FULL PROFILE
    Neeraj Arora, CFA
    Neeraj Arora, CFA

    Portfolio Manager

    6 YEARS WITH PORTFOLIO

    David Cole, CFA
    David Cole, CFA

    Portfolio Manager

    10 YEARS WITH PORTFOLIO

    Rick Gable, CFA
    Rick Gable, CFA

    Portfolio Manager

    10 YEARS WITH PORTFOLIO

    Alexander Mackey, CFA
    Alexander Mackey, CFA

    Portfolio Manager

    4 YEARS WITH PORTFOLIO

    VIEW FULL PROFILE
    Jay Mitchell, CFA
    Jay Mitchell, CFA

    Portfolio Manager

    2 YEARS WITH PORTFOLIO

    Jonathan Sage, CFA
    Jonathan Sage, CFA

    Portfolio Manager

    10 YEARS WITH PORTFOLIO

    Geoffrey Schechter, CFA, CPA
    Geoffrey Schechter, CFA, CPA

    Portfolio Manager

    10 YEARS WITH PORTFOLIO

    Michael Skatrud, CFA
    Michael Skatrud, CFA

    Portfolio Manager

    7 YEARS WITH PORTFOLIO

    Jake Stone, CFA
    Jake Stone, CFA

    Portfolio Manager

    2 YEARS WITH PORTFOLIO

    Effective September 30, 2025, Geoff Schechter will retire from MFS and relinquish his portfolio management responsibilities.

    Top 10 Holdings

    As of 28-Feb-25
    • UST Bond 5Yr Future JUN 30 25
    • UST Bond 2Yr Future JUN 30 25
    • ProLogis REIT
    • Equinix Inc REIT
    • UST Bond 10Yr Future JUN 18 25
    • UMBS 30 Year 2.0
    • US Treasury Bond 4.625% MAY 15 54
    • Digital Realty Trust Inc REIT
    • USD IRS 2Yr Payer 4.759 MAY 24 26*
    • Standard & Poors Index Option SEP 19 25 P5650*
    10.52% long and 0.84% short (*) positions
    Full and Historical Holdings
    The portfolio is actively managed, and current holdings may be different.
  • Performance

    Performance

    Collapse Expand
    12 Month Total Returns

    12 Month Total Returns (%)

    12 Month Total Returns (%)

    As of 28-Feb-25 [updated monthly]
    These results represent the percent change in net asset value.
    *YTD Updated Daily as of 14-Mar-25, subject to revision and not annualized.
    12 month period ending:
    28-Feb-21
    or Life

    Life performance is only shown when 5 years of performance is not available.
    		28-Feb-22 28-Feb-23 28-Feb-24 28-Feb-25 YTD % * Class Inception
    Class I1 Shares, US Dollars at NAV 5.91 3.37 -7.10 7.38 8.33 1.85 31-Oct-2014
    Standard & Poor's 500 Stock Index 31.29 16.39 -7.69 30.45 18.41 - -
    12 month period ending: Class I1 Shares, US Dollars at NAV
    28-Feb-21 or Life

    Life performance is only shown when 5 years of performance is not available.
    		5.91
    28-Feb-22 3.37
    28-Feb-23 -7.10
    28-Feb-24 7.38
    28-Feb-25 8.33
    YTD % * 1.85
    Class Inception 31-Oct-2014 31-Oct-2014

    Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

    Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

    Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

    Important Performance Information

    Class I1 Roll-Up shares do not pay distributions to shareholders. 

    Average Annual Total Returns

    Average Annual Total Returns (%)

    Average Annual Total Returns (%)

    These results represent the percent change in net asset value.
    Updated monthly as of 28-Feb-25
    *YTD Updated Daily as of 14-Mar-25, subject to revision and not annualized.

      Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

      Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

      Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

      The Fund's benchmark is indicated for performance comparison only. 

      The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.

      MORNINGSTAR RATING
      Morningstar View Overall Morningstar Ratings Information
      OVERALL
      Out Of Funds
      NA
      OVERALL MORNINGSTAR RATING
      NA
      THREE YEAR
      Out Of Funds
      NA
      FIVE YEAR
      Out Of Funds
      NA
      TEN YEAR
      Out Of Funds
      NA

      Important Performance Information

      Class I1 Roll-Up shares do not pay distributions to shareholders. 

      Annual Rate of Return

      Annual Rate of Return (%)

      Annual Rate of Return (%)

      As of 31-Dec-24 Benchmark: Standard & Poor's 500 Stock Index
      annual rate of return table
      Life

      Life performance as of  28-Feb-25
      		2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
      At NAV 4.00 -2.71 8.88 8.14 -4.01 17.41 2.61 9.46 -13.01 9.16 5.07
      Standard & Poor's 500 Stock Index - 1.38 11.96 21.83 -4.38 31.49 18.40 28.71 -18.11 26.29 25.02
      At NAV Standard & Poor's 500 Stock Index
      2024 5.07 25.02
      2023 9.16 26.29
      2022 -13.01 -18.11
      2021 9.46 28.71
      2020 2.61 18.4
      2019 17.41 31.49
      2018 -4.01 -4.38
      2017 8.14 21.83
      2016 8.88 11.96
      2015 -2.71 1.38
      Life

      Life performance as of  28-Feb-25
      		4.0 -

      Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

      Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

      Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

      Important Performance Information

      Class I1 Roll-Up shares do not pay distributions to shareholders. 

      Pricing & Distributions

      Pricing History

      • NAV at Close of Trading on:  14-Mar-25
      • Net Asset Value (NAV):  $148.50
      • Change ($) (since 13-Mar-25):  0.56
      • Change (%) (since 13-Mar-25):  0.38
      • Market Price (MP): 
      Maximum data displayed is for the most recent 10 years
      Historical NAV Lookup
      Enter date for which you wish to obtain a Historical NAV for this fund

      Historical NAV may not be available for all dates.

      Historical MP Lookup
      Enter date for which you wish to obtain a Historical MP for this fund

      Historical MP may not be available for all dates.

      Historical Exit Price Table
      NAV at Close of Trading on Net Asset Value (NAV)
      No Data Available

      Swing Pricing

      Distributions
      The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.

      The Payable Date is the date on which the distribution is paid to shareholders.

      Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.

      Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.

      Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.

      There are no distributions for this share class or distributions are currently not available
    • Portfolio & Holdings Information

      Portfolio & Holdings Information

      Portfolio characteristic data are based on unaudited net assets.

      The portfolio is actively managed, and current holdings may be different.

      • Select All
      • Largest Sector Weights
      • Holding Characterstics - EQ
      • Holding Characterstics - FI
      • Performance Statistics
      • Top 10 Holdings
      • Top 10 Equity Holdings
      • Top 10 Fixed Income Holdings
      • Type Of Holdings (%)
      • Sector Weights (%)
      • Credit Quality (%)
      • Currency Weights %
      • Region & Country
      Collapse Expand
      Sector, Holding & Characterstics

      Largest Sector Weights of Equity Assets

      As of 28-Feb-25

      The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

      Map represents sectors greater than 5%.

      Holding Characteristics
      Average Coupon: Average Coupon is the equivalent exposure weighted coupon of all interest bearing instruments as a percent of the total equivalent exposure of all fixed income holdings, including short term and interest rate derivatives which have coupons. Coupons are netted for securities with a payable and receivable leg. Non-accruing securities are treated as having a coupon equal to zero.

      Average Effective Duration is a measure of how much a bond's price is likely to fluctuate with general changes in interest rates, e.g., if rates rise 1.00%, a bond with a 5-year duration is likely to lose about 5.00% of its value.

      Average Effective Maturity is a weighted average of maturity of the bonds held in a portfolio, taking into account any prepayments, puts, and adjustable coupons which may shorten the maturity. Longer-maturity funds are generally considered more interest-rate sensitive than shorter maturity funds.

      Yield to Worst: For fixed income securities, yield is the discount rate that equilibrates the net present value of all future cash flows to the current market value. Average Yield is the equivalent exposure weighted average yield to worst which is typically the lowest of the yields to each potential call or put or the yield to maturity, whichever is worst.

      The Average Credit Quality (ACQR) is a market weighted average (using a linear scale) of securities included in the rating categories. For all securities other than those described below, ratings are assigned utilizing ratings from Moody’s, Fitch, and Standard & Poor’s and applying the following hierarchy: If all three agencies provide a rating, the consensus rating is assigned if applicable or the middle rating if not; if two of the three agencies rate a security, the lower of the two is assigned. If none of the 3 Rating Agencies above assign a rating, but the security is rated by DBRS Morningstar, then the DBRS Morningstar rating is assigned. If none of the 4 rating agencies listed above rate the security, but the security is rated by the Kroll Bond Rating Agency (KBRA), then the KBRA rating is assigned. Other Not Rated includes other fixed income securities not rated by any rating agency. Ratings are shown in the S&P and Fitch scale (e.g., AAA). All ratings are subject to change. The portfolio itself has not been rated by any rating agency. The credit quality of a particular security or group of securities does not ensure the stability or safety of an overall portfolio. The quality ratings of individual issues/issuers are provided to indicate the credit-worthiness of such issues/issuer and generally range from AAA, Aaa, or AAA (highest) to D, C, or D (lowest) for S&P, Moody’s, and Fitch respectively.

      Weighted average price/earnings (P/E) ratio is the ratio of the current price of a stock to an estimate of forward 12 month earnings; P/E ex-negatives ratio is an exposure-weighted average of the P/E ratios of the securities held, excluding companies with projected negative earnings.

      Weighted Average Price/Cash Flow: Price-to-cash-flow is the ratio of a stock's price to its per-share cash earnings.

      Price/Sales Ratio (P/S) is the ratio of a stock's price to its per-share sales.

      Price/Book ratio (P/B) is the ratio of a stock's price to its book value per share.

      Weighted Average IBES Long Term EPS Growth is the weighted average forecast, by sell side analysts of how much a company's net income will grow over the long-term (typically 3-5 years). The forecast is derived from all polled analysts' estimates. Source FactSet. 

      Weighted Average Dividend Yield:The equivalent exposure weighted average of the dividend yields of the securities held in the portfolio (or the equity segment of a multi asset class mandate).

      Weighted Average Market Cap: Market capitalization is the value of a corporation as determined by the market price of its issued and outstanding common stock. It is calculated by multiplying the number of outstanding shares by the current market price of a share.

      Weighted Median Market Cap: Weighted Median Market Cap is the Market Capitalization of the firm defined by the median dollar within the distribution of the market capitalization of all companies in the index or portfolio. It is calculated from a running total of market capitalizations from smallest company to largest. The Market Capitalization of the firm that sorts the total dollar value of all market capitalizations into two equal portions defines the value.

      Equity Fixed Income
      Holding Based Portfolio - Equity Level Data
      As of 28-Feb-25
      Data table of holding characteristics
      characterstics Equity Earning
      Weighted Average Price/Earnings (next 12 months) 15.89x
      Weighted Average Price/Cash Flow 11.61x
      Weighted Average Price/Sales 1.59x
      Weighted Average Price/Book 2.15x
      Weighted Average IBES Long Term EPS Growth 6.32%
      Weighted Average Dividend Yield 3.99%
      Weighted Average Market Cap $83.9b
      Weighted Median Market Cap $33.5b
      Number of Issues 137
      % in Stocks 29.81%
      % Cash & Cash Equivalents 1.03%
      % Other1 -2.23%
      % in Top Ten 15.56%
      Holding Based Portfolio - Fixed Income Level Data
      As of 28-Feb-25
      Data table of holding characteristics
      characteristics Fixed Earning
      Number of Issues 942
      Number of Issuers 438
      Average Coupon 5.37
      Average Effective Duration 5.35 yrs
      Average Effective Maturity 7.62 yrs
      Average Credit Quality of Rated Securities BBB

      Performance Statistics

      Alpha is a measure of the portfolio's risk-adjusted performance. When compared to the portfolio's beta, a positive alpha indicates better-than-expected portfolio performance and a negative indicates alpha worse-than-expected portfolio performance.

      Beta is a measure of the volatility of a portfolio relative to the overall market. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market.

      Information ratio is a measure of consistency in excess return. It is calculated by taking the annualized excess return over a benchmark and dividing it by the annualized standard deviation of excess return.

      R squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market.  Index portfolios will tend to have values very close to 100.  R squared is not a measure of performance.

      The Sharpe Ratio is a risk-adjusted measure calculated to determine reward per unit of risk. It uses a standard deviation and excess return. The higher the Sharpe Ratio, the better the portfolio's historical risk-adjusted performance.

      Standard Deviation is an indicator of the portfolio's total return volatility, which is based on a minimum of 36 monthly returns. The larger the portfolio's standard deviation, the greater the portfolio's volatility.

      Tracking error is the standard deviation of a portfolio's excess returns. Excess returns are a portfolio's return minus the benchmark's annualized return.

      Treynor Ratio: Treynor Ratio is a risk adjusted measure of performance. It is the ratio of the annualized excess return of the portfolio over the risk free rate for a given period divided by the Beta of the portfolio versus its benchmark for the same period. It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed.

      Upside and downside capture is a measure of how well a manager was able to replicate or improve on phases of positive benchmark returns, and how badly the manager was affected by phases of negative benchmark returns. Upside capture ratio for a portfolio is calculated by taking the portfolio's return during periods when the benchmark had a positive return and dividing it by the benchmark return during that same period. Downside capture ratio is calculated by taking the portfolio's return during the periods of negative benchmark performance and dividing it by the benchmark return for that period.

      Updated Monthly As of 28-Feb-25
      Benchmark
      Standard & Poor's 500 Stock Index
      Performance Statistics Table
      10 Yr. 5 Yr. 3 Yr.
      Alpha -2.25 -5.15 -3.98
      Beta 0.48 0.53 0.54
      R-squared 73.04 79.52 77.57
      Standard Deviation % 8.51 10.63 10.38
      Sharpe Ratio 0.24 0.08 -0.15
      Tracking Error 9.13 9.55 9.22
      Information Ratio -1.00 -1.41 -1.08
      Treynor Ratio 4.22 1.61 -2.97
      Downside Capture % 52.06 64.44 62.81
      Upside Capture % 41.89 43.99 46.35

      Top 10 Holdings

      As of 28-Feb-25
      • UST Bond 5Yr Future JUN 30 25
      • UST Bond 2Yr Future JUN 30 25
      • ProLogis REIT
      • Equinix Inc REIT
      • UST Bond 10Yr Future JUN 18 25
      • UMBS 30 Year 2.0
      • US Treasury Bond 4.625% MAY 15 54
      • Digital Realty Trust Inc REIT
      • USD IRS 2Yr Payer 4.759 MAY 24 26*
      • Standard & Poors Index Option SEP 19 25 P5650*

      10.52% long and 0.84% short (*) positions
      Full and Historical Holdings

      The portfolio is actively managed, and current holdings may be different.

      Top 10 Equity Holdings

      As of 28-Feb-25
      • ProLogis REIT
      • Equinix Inc REIT
      • Digital Realty Trust Inc REIT
      • Ventas Inc REIT
      • Sun Communities Inc REIT
      • AbbVie Inc
      • Roche Holding AG
      • Kimberly-Clark Corp
      • Colgate-Palmolive Co
      • Standard & Poors Index Option SEP 19 25 P5650*

      Full and Historical Holdings

      Top 10 Fixed Income Holdings

      As of 28-Feb-25
      • UST Bond 5Yr Future JUN 30 25
      • UST Bond 2Yr Future JUN 30 25
      • UST Bond 10Yr Future JUN 18 25
      • UMBS 30 Year 2.0
      • US Treasury Bond 4.625% MAY 15 54
      • US Treasury Note 3.625% MAR 31 28
      • UMBS 30 Year 2.5
      • United States Treasury Bond T 2 1/4 AUG 15 27
      • Credit Agricole SA 144A FRB JAN 26 27
      • USD IRS 2Yr Payer 4.759 MAY 24 26*

      Full and Historical Holdings

      Type Of Holdings (%)

      As of 28-Feb-25

      Sector Weights (%)

      As of 28-Feb-25
      •  % of Equity Assets
      • Real Estate
        42.46
      • Financials
        12.10
      • Consumer Staples
        12.08
      • Health Care
        9.24
      • Consumer Discretionary
        5.57
      • Energy
        5.10
      • Information Technology
        5.04
      • Industrials
        5.03
      • Materials
        4.08
      • Communication Services
        3.49
      • Utilities
        3.09
      • Index Options*
        -7.28

      The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

      Exposures

      Credit Quality (%)

      The Average Credit Quality (ACQR) is a market weighted average (using a linear scale) of securities included in the rating categories. For all securities other than those described below, ratings are assigned utilizing ratings from Moody’s, Fitch, and Standard & Poor’s and applying the following hierarchy: If all three agencies provide a rating, the consensus rating is assigned if applicable or the middle rating if not; if two of the three agencies rate a security, the lower of the two is assigned. If none of the 3 Rating Agencies above assign a rating, but the security is rated by DBRS Morningstar, then the DBRS Morningstar rating is assigned. If none of the 4 rating agencies listed above rate the security, but the security is rated by the Kroll Bond Rating Agency (KBRA), then the KBRA rating is assigned. Other Not Rated includes other fixed income securities not rated by any rating agency. Ratings are shown in the S&P and Fitch scale (e.g., AAA). All ratings are subject to change. The portfolio itself has not been rated by any rating agency. The credit quality of a particular security or group of securities does not ensure the stability or safety of an overall portfolio. The quality ratings of individual issues/issuers are provided to indicate the credit-worthiness of such issues/issuer and generally range from AAA, Aaa, or AAA (highest) to D, C, or D (lowest) for S&P, Moody’s, and Fitch respectively.

      As of 28-Feb-25
      • % of Fixed Income Assets
      • U.S. Government
        4.27
      • Federal Agencies
        14.58
      • AAA
        2.49
      • AA
        2.35
      • A
        10.72
      • BBB
        16.14
      • BB
        25.79
      • B
        17.25
      • CCC
        5.12
      • CC
        0.03
      • C
        0.19
      • Other Not Rated
        1.06

      Currency Weights (%)

      As of 28-Feb-25
      • United States Dollar
        89.98
      • Euro
        2.63
      • Japanese Yen
        1.21
      • British Pound Sterling
        1.21
      • Hong Kong Dollar
        0.89
      • Swiss Franc
        0.75
      • Taiwan Dollar
        0.62
      • Canadian Dollar
        0.61
      • Brazilian Real
        0.60
      • South Korean Won
        0.50
      • Singapore Dollar
        0.49
      • Indian Rupee
        0.10
      • Australian Dollar
        0.09
      • Thailand Baht
        0.09
      • Swedish Krona
        0.08
      • Egyptian Pound
        0.08
      • Chinese Renminbi
        0.05
      • Turkish Lira
        0.04
      • Norwegian Krone
        0.03
      • Indonesian Rupiah
        0.02
      • Mexican Peso
        0.00
      • Russian Ruble
        0.00
      • Czech Koruna
        0.00
      • South African Rand
        0.00
      • Chinese Yuan Offshore (HK)
        -0.06
      Region & Country

      Region & Country

      As of 28-Feb-25
      Region & Country Table
      Region & Country % Equity Assets
      North America
      2 Countries
      68.15
      Europe ex-U.K.
      10 Countries
      11.48
      Emerging Markets
      9 Countries
      9.76
      United Kingdom
      1 Countries
      4.25
      Japan
      1 Countries
      4.07
      Asia/Pacific ex-Japan
      3 Countries
      2.29
      Cash & Cash Equivalents
      1 Countries
      0.00
      By Country Table
      By Country
      Important Characteristics Information
      The portfolio is actively managed, and current holdings may be different.

      Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.

      *Short positions, unlike long positions, lose value if the underlying asset gains value.

      1Other. Other consists of: (i) currency derivatives and/or (ii) any derivative offsets.
    • Resources

      Resources

      Collapse Expand
      Product Resources

      Fact Sheets are available approximately 15 days after month end.


      Quarterly Portfolio Review is available approximately 25 days after quarter end.


      Full Holdings available approximately 25 days after month end.


      Monthly Portfolio Review available approximately 15 days after month end.


      Available approximately 15 or 25 days after month end

      Product Presentation available approximately 25 days after quarter end.


      Quarterly Investment Update available approximately 25 days after quarter end.


      Monthly Investment Update available approximately 25 days after month end.
      Fund Documents & Fact Sheets

      Fund Documents & Fact Sheets

      Click here to view fund documents such as Key Investor Documents, Complete Prospectus, Annual Report, Semi Annual Report, Swing Pricing, and Fact Sheets. Some of these documents are available in other languages.
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