Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.15% 432.28M -- 134.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
66.60M 4.87% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks maximum total return. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in a broad range of U.S. dollar-denominated fixed income products, which includes corporate bonds, notes and debentures, and closed-end funds that invests in fixed income securities.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Corporates
Peer Group Corporate Debt Funds BBB-Rated
Global Macro Bond Corporates
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Corporate Debt Funds BBB-Rated
Fund Owner Firm Name ICON
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 29
-1.156B Peer Group Low
1.059B Peer Group High
1 Year
% Rank: 27
66.60M
-6.600B Peer Group Low
8.530B Peer Group High
3 Months
% Rank: 29
-1.148B Peer Group Low
2.419B Peer Group High
3 Years
% Rank: 30
-8.431B Peer Group Low
16.17B Peer Group High
6 Months
% Rank: 27
-2.793B Peer Group Low
3.858B Peer Group High
5 Years
% Rank: 32
-23.07B Peer Group Low
23.52B Peer Group High
YTD
% Rank: 27
-5.932B Peer Group Low
7.790B Peer Group High
10 Years
% Rank: 44
-4.807B Peer Group Low
56.40B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
0.50%
7.77%
4.30%
4.06%
-5.96%
9.08%
8.17%
5.06%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
--
--
9.22%
1.29%
-11.79%
11.71%
6.66%
8.18%
-1.65%
9.77%
9.17%
2.53%
-10.30%
7.17%
4.87%
7.53%
-1.93%
6.61%
6.04%
1.75%
-7.87%
9.18%
6.14%
7.49%
--
--
--
3.02%
-11.44%
8.28%
5.84%
6.23%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 6.78%
30-Day SEC Yield (10-31-25) 5.86%
7-Day SEC Yield --
Number of Holdings 139
Bond
Yield to Maturity (9-30-25) 6.85%
Effective Duration 1.93
Average Coupon 6.34%
Calculated Average Quality 4.509
Effective Maturity 11.97
Nominal Maturity 18.61
Number of Bond Holdings 115
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.18%
Stock 4.17%
Bond 90.31%
Convertible 0.00%
Preferred 3.89%
Other -0.55%
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Top 10 Holdings

Name % Weight Price % Change
STWD MORTGAGE TRUST 21FL2 D FLT 7.26427% 19-APR-2038
3.12% -- --
The PNC Financial Services Group, Inc. PNC 3.4 12/31/2099 FLT USD Corporate '26 2.92% 97.15 -0.03%
UMH Properties, Inc. UMHPRO 6.375 12/31/2099 FIX USD Corporate 2.57% 21.78 -1.05%
BXMT LTD. 21FL4 D SEQ FLT 6.50736% 17-MAY-2038
2.41% -- --
FLEXENTIAL LLC 211 C SEQ FIX 6.93% 27-NOV-2051
2.22% -- --
USD Cash
1.95% -- --
Farm Credit Bank of Texas FARMCRE 7.75 12/31/2099 FLT USD Agency '29 1.88% 104.20 -0.13%
Eaton Vance California Municipal Bond Fund 1.74% 9.46 0.00%
FIFTH THIRD BANCORP FITB 7.3925 12/31/2099 FLT USD Corporate '19 1.69% 100.12 0.03%
United Airlines 2016-1 Pass Through Trusts 3.45% 07-JAN-2030
1.67% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 0.25%
Actual Management Fee 0.53%
Administration Fee 21.44K%
Maximum Front Load 0.00%
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1000.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks maximum total return. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in a broad range of U.S. dollar-denominated fixed income products, which includes corporate bonds, notes and debentures, and closed-end funds that invests in fixed income securities.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Corporates
Peer Group Corporate Debt Funds BBB-Rated
Global Macro Bond Corporates
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Corporate Debt Funds BBB-Rated
Fund Owner Firm Name ICON
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 6.78%
30-Day SEC Yield (10-31-25) 5.86%
7-Day SEC Yield --
Number of Holdings 139
Bond
Yield to Maturity (9-30-25) 6.85%
Effective Duration 1.93
Average Coupon 6.34%
Calculated Average Quality 4.509
Effective Maturity 11.97
Nominal Maturity 18.61
Number of Bond Holdings 115
As of September 30, 2025

Fund Details

Key Dates
Inception Date 9/30/2010
Last Annual Report Date 12/31/2024
Last Prospectus Date 5/1/2025
Share Classes
IOBZX Inst
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:IOBAX", "name")
Broad Asset Class: =YCI("M:IOBAX", "broad_asset_class")
Broad Category: =YCI("M:IOBAX", "broad_category_group")
Prospectus Objective: =YCI("M:IOBAX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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