CHARACTERISTICS
(as of
6/30/2010
)
| Standard Deviation | N/A |
| R-Squared | N/A |
| Beta vs. Benchmark | N/A |
| Beta vs. Barclays Capital Aggregate Bond Index | N/A |
*Requires minimum three years of performance history
| Weighted Avg Maturity | 8.2 years |
| Effective Duration | 6.8 years |
|
| SEC 30-Day Yield | 2.37%
|
| SEC 30-Day Yield (Gross) | 2.36%
|
Gross Yield reflects the yield without fee waivers in effect.
Portfolio Details 1
| Treasury/Agency | 94.3% |
| Mortgage-Backed | 0.0% |
| Asset-Backed | 0.0% |
| Corporate | 0.0% |
| Yankee | 0.0% |
| Non-U.S. | 0.0% |
| Other | 0.0% |
| Cash and Cash Equivalents | 5.7% |
|
| AAA/Govt | 100.0% |
| AA | 0.0% |
| A | 0.0% |
| BBB | 0.0% |
| BB | 0.0% |
| B | 0.0% |
| Lower than B | 0.0% |
| Not Rated | 0.0% |
|
1Portfolio composition subject to change at any time.
Standard deviation — A statistical measurement of distribution around an average, which depicts how widely returns varied over a certain period of time. Investors use the standard deviation of historical performance to try to predict the most likely range of returns. When a fund has a high standard deviation, the predicted range of performance is wide implying greater volatility.
R-squared — Shows the percentage of a fund's performance that is explained by movement in the benchmark index. This shows the correlation between the fund and its benchmark. An R-squared of 100% indicates that all movements of a fund can be explained by movements in the benchmark. A low R-squared indicates that very few of the fund's movements can be explained by movements in its benchmark. An R-squared measure of 50%, for example, means that only 50% of the fund's movements can be explained by movements in the benchmark index.
Beta vs. Benchmark — Beta is a measure of a fund's sensitivity to market movements as defined by the fund's benchmark. A fund with a higher beta relative to the benchmark is more volatile than the benchmark and a fund with a lower beta relative to the benchmark can be expected to rise and fall more slowly than the benchmark.
Beta vs Barclays Capital Aggregate Bond Index — Beta is a measure of a fund's sensitivity to market movements as defined by the Barclays Capital Aggregate Bond Index ("Index"). A fund with a higher beta relative to the Index is more volatile than the Index, and a fund with a lower beta relative to the Index can be expected to rise and fall more slowly than the Index.