Investment objective & strategy
As of Feb. 27, 2026 · prospectusObjective. The Funds goal is to seek total return (consisting of current income and capital appreciation).
Strategy. The Fund invests primarily in a diversified portfolio of investment-grade bonds and notes of any maturity. The Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment-grade fixed income securities including corporate, asset-backed, mortgage-backed, and U.S. Government securities. The Adviser attempts to manage the Funds total return (which includes both changes in principal value of the Funds securities and income earned) by lengthening or shortening the average maturity of the Funds securities according to whether the Adviser expects market interest rates to rise or decline. The Fund may also engage in futures and options transactions, both to seek to increase return and/or to seek to hedge, or protect, its exposure to, for example, interest … The Fund invests primarily in a diversified portfolio of investment-grade bonds and notes of any maturity. The Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment-grade fixed income securities including corporate, asset-backed, mortgage-backed, and U.S. Government securities. The Adviser attempts to manage the Funds total return (which includes both changes in principal value of the Funds securities and income earned) by lengthening or shortening the average maturity of the Funds securities according to whether the Adviser expects market interest rates to rise or decline. The Fund may also engage in futures and options transactions, both to seek to increase return and/or to seek to hedge, or protect, its exposure to, for example, interest rate movements, movements in the commodities or securities markets and currency value fluctuations. In addition, the Fund may invest in exchange-traded funds (ETFs), convertible securities, municipal securities, and inflation-protected securities such as Treasury Inflation-Protected Securities (TIPS) and similar bonds issued by governments outside of the United States. Fixed income securities held by the Fund may be of any maturity.
Top holdings
As of Jan. 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| US TREASURY N/B | — | $179.98M | 11.12% |
| US TREASURY N/B | — | $166.75M | 10.30% |
| US TREASURY N/B | — | $112.15M | 6.93% |
| US TREASURY N/B | — | $108.65M | 6.71% |
| US TREASURY N/B | — | $105.56M | 6.52% |
| US TREASURY N/B | — | $91.64M | 5.66% |
| US TREASURY N/B | — | $80.15M | 4.95% |
| US TREASURY N/B | — | $70.80M | 4.37% |
| US TREASURY N/B | — | $69.74M | 4.31% |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | TII | $39.97M | 2.47% |
Portfolio moves
Oct 31, 2025 → Jan 30, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Hartford Dynamic Bond ETF · DYNB | 16% | 0.60% |
| Hartford Dynamic Bond Fund · HDBFX, HDBYX, HDBSX, HDBAX, HDBIX, HDBCX, HDBRX | 16% | 0.58% |
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF · XSVN | 14% | 0.05% |
Advisers
| Firm | Role |
|---|---|
| Bessemer Investment Management LLC | Adviser |
Footnotes
- Expense ratio as of February 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of January 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.