STOT STOT In 2 weeks Estimated | Other | $0.18 Per Share |
STOT STOT 2 weeks ago Paid | Other | $0.18 Per Share |
STOT STOT 1 month ago Paid | Monthly | $0.18 Per Share |
STOT STOT 2 months ago Paid | Monthly | $0.16 Per Share |
STOT STOT 3 months ago Paid | Monthly | $0.18 Per Share |
STOT STOT 4 months ago Paid | Monthly | $0.17 Per Share |
STOT STOT In 2 weeks Estimated | Other | $0.18 Per Share |
STOT STOT 2 weeks ago Paid | Other | $0.18 Per Share |
STOT STOT 1 month ago Paid | Monthly | $0.18 Per Share |
STOT STOT 2 months ago Paid | Monthly | $0.16 Per Share |
STOT STOT 3 months ago Paid | Monthly | $0.18 Per Share |
STOT STOT 4 months ago Paid | Monthly | $0.17 Per Share |
BATS Exchange | United States Country |
The company in question operates as a diversified fixed income fund, which aims to invest a majority of its net assets—specifically, at least 80%—into a broad spectrum of fixed income securities. These securities span across various credit qualities, representing a wide array of investment opportunities within the realm of fixed income. Integral to its investment strategy is the inclusion of securities that are issued or guaranteed by the U.S. government, along with its agencies, instrumentalities, and sponsored corporations. The fund is designed to serve investors looking to diversify their portfolios with fixed income assets while navigating the complex landscape of credit quality and investment risk.
The fund primarily invests in fixed income securities that are issued or guaranteed by the U.S. government, its agencies, instrumentalities, or sponsored corporations. This class of investments includes a wide variety of securities backed by the full faith and credit of the U.S. government, offering a relatively safe investment option within the fixed income market.
Another key component of the fund's portfolio is TIPS, which are government bonds specifically designed to protect investors from inflation. These securities' principal value adjusts based on changes in the inflation rate, providing a hedge against the erosive effects of rising prices on investment value.
Up to 20% of the fund’s investments may be allocated to municipal bonds. These are debt securities issued by states, cities, counties, and other municipal entities to fund day-to-day obligations and to finance capital projects. Municipal bonds are favored for their tax-exempt status, making them an attractive option for certain investors seeking tax-efficient income.
The fund also invests in asset-backed securities, which are bonds or notes backed by financial assets. Typically, these assets are loans (like auto loans or home mortgages) that provide a stream of income from the payments on these loans. These securities can offer higher yields than government securities, albeit with a higher risk due to the quality of underlying assets.