MBSAX – Multisector Bond SMA Completion Investment Strategy | Morningstar

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Strategy

The investment seeks total return, consisting of current income and capital appreciation. Under normal circumstances, the fund has substantial exposure, at least 80% of its net assets, to fixed-income/debt markets. It may invest in derivatives, such as forward contracts, futures, options, and swaps. The fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MBSAX	Multisector Bond SMA Completion Portfolio	No Load	Open	—	—	Oct 29, 2019	$108.67M	0.000%	Low	$0	$37.39M

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