Jennison Active Long Gov/Credit (S:0P000067MX)
34.76
+0.95
(+2.81%)
USD |
May 31 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
| Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
|---|---|---|---|
| Upgrade | Upgrade | Upgrade | -- |
| Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
| Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The objective of the strategy is to seek to provide desired alpha without taking fundamental risk. We only use investment grade securities, and our portfolios generally have a higher quality profile than their benchmarks. Individual security selection drives our Treasury, Corporate, ABS, Agency, Agency MBS and CMBS sector management. We actively trade within and between each of these sectors. Portfolio duration is kept very close to the benchmark duration. At extremes in yield curve shape, we typically make moderate yield curve shifts versus the benchmark. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Extensive Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Long-Term Bond |
| Category Index | Bloomberg US Govt/Credit Long TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Jennison Associates LLC |
| Prospectus Benchmark Index | |
| BBgBarc Capital Long Gov/Credit TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Miriam Zussman | 20.06 yrs |
| Eric Staudt | 13.70 yrs |
| Samuel Kaplan | 8.35 yrs |
| James Gaul | 8.28 yrs |
| Dmitri Rabin | 5.23 yrs |
| David Morse | 3.92 yrs |
| Natalia Glekel | 2.03 yrs |
Annual Total Returns Versus Peers
As of May 31, 2024.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
United States Treasury Bonds 2%
|
11.53% | -- | -- |
|
United States Treasury Bonds 2.88%
|
9.93% | -- | -- |
|
United States Treasury Bonds 1.75%
|
5.69% | -- | -- |
|
United States Treasury Bonds 3.63%
|
4.60% | -- | -- |
|
United States Treasury Bonds 3.38%
|
3.81% | -- | -- |
|
United States Treasury Bonds 2.25%
|
3.76% | -- | -- |
|
United States Treasury Bonds 2.88%
|
3.44% | -- | -- |
|
United States Treasury Bonds 2.5%
|
2.49% | -- | -- |
|
United States Treasury Bonds 3%
|
2.20% | -- | -- |
|
United States Treasury Bonds 3.88%
|
1.25% | -- | -- |
Fees & Availability
| Fees | |
| Negotiable Fee |
|
| Administrative Fee | -- |
| Maximum Management Fee | Upgrade |
| Prospectus Custodian Fee | -- |
| Trustee Fee | -- |
| Purchase Details | |
| Open to New Investors |
|
| Open to Existing Investors |
|
| Minimum Initial Investment | -- |
| Minimum Subsequent Investment | -- |
Basic Info
| Investment Strategy | |
| The objective of the strategy is to seek to provide desired alpha without taking fundamental risk. We only use investment grade securities, and our portfolios generally have a higher quality profile than their benchmarks. Individual security selection drives our Treasury, Corporate, ABS, Agency, Agency MBS and CMBS sector management. We actively trade within and between each of these sectors. Portfolio duration is kept very close to the benchmark duration. At extremes in yield curve shape, we typically make moderate yield curve shifts versus the benchmark. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Extensive Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Long-Term Bond |
| Category Index | Bloomberg US Govt/Credit Long TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Jennison Associates LLC |
| Prospectus Benchmark Index | |
| BBgBarc Capital Long Gov/Credit TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Miriam Zussman | 20.06 yrs |
| Eric Staudt | 13.70 yrs |
| Samuel Kaplan | 8.35 yrs |
| James Gaul | 8.28 yrs |
| Dmitri Rabin | 5.23 yrs |
| David Morse | 3.92 yrs |
| Natalia Glekel | 2.03 yrs |
Fundamentals
Fund Details
| Key Dates | |
| Inception Date | 4/2/2001 |
| Last Annual Report Date | 12/31/2023 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |