Why >100%? Leveraged funds (typically PIMCO/BlackRock global bond strategies) use derivatives and borrowing to exceed 100% notional sector exposure. The percentage shown is real economic exposure; total notional across all sectors can sum to 150-200%.
Top Non-Corporate Credit Holdings Across Funds
—
US TREASURY 4.500% 15/11/33
Unknown
3%
in 1 funds
—
US TREASURY 4.250% 15/11/34
Unknown
2.1%
in 1 funds
—
US TREASURY 4.620% 15/02/35
Unknown
1.9%
in 1 funds
—
US TREASURY 3.880% 30/04/30
Unknown
1.8%
in 1 funds
—
FNMA 5.500% 01/04/56
Unknown
1.6%
in 1 funds
—
UNITED STATES DEPARTMENT OF THE TREASURY 3.625% TB 15/08/43 USD1000 144A
Unknown
1.1%
in 1 funds
—
GNMA 2.500% 20/08/51
Unknown
0.9%
in 1 funds
—
US TREASURY 4.000% 15/02/34
Unknown
0.9%
in 1 funds
Conviction Score vs MSCI Benchmark
Fund weight vs MSCI World benchmark (0%)
US Aggregate Bond Fund
+100.7%
Managed Reserves Fund
+88.7%
Global Corporate Bon..
+1.6%
Performance Chart
Top 3-fund composite (rebased to 100, equal-weighted)
Non-Corporate Credit ETF (benchmark)
Real fund NAV data 2025-05-12 → 2026-04-30