What is the Inflation Focused Fund ?

The Fund seeks to deliver total returns that exceed the rate of inflation in the U.S. over a full inflation cycle and current income by combining investments in inflation-linked derivatives with a portfolio of fixed income securities.

EXPERIENCED INVESTMENT TEAM

The strategy is managed through a collaboration among 40+ investment professionals in portfolio management, credit research, and trading.

HIGHER INCOME POTENTIAL WITH LOWER DURATION

The strategy has provided the highest income stream in the Morningstar category and offers inflation protection with one-third the duration of the average TIPS-based portfolio.

TRUE INFLATION PROTECTION

The Fund has historically demonstrated negative correlation with Treasuries, providing diversification benefits to clients' portfolios.

Yield

Dividend Yield 1 as of 07/06/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge 4.07% 3.98%
w/ sales charge 3.97% 3.89%

30-Day Standardized Yield 2 as of 05/31/2015  

Subsidized5 Un-Subsidized6
2.45% 2.25%

Fund Basicsas of 05/29/2015

Total Net Assets
$856.72 M
Inception Date
04/29/2011
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
983

Expense Ratioas of 05/31/2015

Fund Expense Ratio :

Gross 0.84%

Net 0.75%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/29/2011
w/o sales charge 1.54% -5.84% -0.15% - - 0.07%
Lipper Category Avg. Inflation Protected Bond Funds - - - - - -
w/ sales charge -0.76% -7.98% -0.90% - - -0.48%

Fund Expense Ratio :

Gross 0.84%

Net 0.75%

Fund Expense Ratio :

Gross 0.84%

Net 0.75%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/29/2011
w/o sales charge 1.54% -5.84% -0.15% - - 0.07%
Lipper Category Avg. Inflation Protected Bond Funds - - - - - -
w/ sales charge -0.76% -7.98% -0.90% - - -0.48%

Fund Expense Ratio :

Gross 0.84%

Net 0.75%

Investment Team

Robert A. Lee
Robert A. Lee

Partner & Director

24 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

21 Years of Industry Experience

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner & Portfolio Manager

16 Years of Industry Experience

Jerald M. Lanzotti
Jerald M. Lanzotti, CFA

Partner & Portfolio Manager

24 Years of Industry Experience

Hyun Lee
Hyun Lee, CFA

Portfolio Manager

14 Years of Industry Experience

Supported By 41 Investment Professionals and 13 Years Avg. Industry Experience

Fund Performance Details next tab

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