 | | Style Box Details |
| | | Average Eff Duration | 1.80 Yrs
| | Average Eff Maturity | 4.45 Yrs
| | Average Credit Quality | Below B | | | |
| | Investment Style History (as of 12-31) |
| | |
| | | | | | % of Net Assets |  | Cash | 12.7 |  | Stocks | 0.0 |  | Bonds | 87.3 |  | Other | 0.0 | | | | Foreign Stocks | 0.0 |
|  |  | |
| Bond Quality (% of Bonds) | |
| | | AAA | 0.0 | | BB | 40.7 | | AA | 0.0 | | B | 54.6 | | A | 0.0 | | Below B | 2.6 | | BBB | 1.8 | | Not Rated | 0.3 |
| | | Total Number of Bond Holdings | 115 | | Annual Turnover % | 19 | | Total Number of Stock Holdings | 0 | | % Assets in Top 10 Holdings | 18.82 | |
| | | | | | | Top 25 Holdings | Maturity Date | Amount $000 | Value $000 | % Net Assets | | | Freescale Semicon 144A 9.25% | 2018-04-15 | 6,900 | 7,504 | 2.50 | | Transdigm 7.75% | 2018-12-15 | 6,765 | 7,357 | 2.45 | | Cco Hldgs Llc / Cco Hldgs Cap 7% | 2019-01-15 | 5,981 | 6,415 | 2.13 | | Reynolds Grp Issuer 7.125% | 2019-04-15 | 5,000 | 5,363 | 1.78 | | Valeant Pharmaceuticals Intl 144A 6.875% | 2018-12-01 | 5,000 | 5,288 | 1.76 | |  | | Grifols 8.25% | 2018-02-01 | 4,700 | 5,123 | 1.71 | | Rbs Global 8.5% | 2018-05-01 | 4,702 | 5,055 | 1.68 | | Warner Chilcott 7.75% | 2018-09-15 | 4,500 | 4,944 | 1.65 | | Burger King 9.875% | 2018-10-15 | 4,400 | 4,923 | 1.64 | | Wmg Acquisition 11.5% | 2018-10-01 | 4,175 | 4,874 | 1.62 | | | | Michaels Stores 7.75% | 2018-11-01 | 4,470 | 4,861 | 1.62 | | Hca 8.5% | 2019-04-15 | 4,400 | 4,769 | 1.59 | | Echostar Dbs 6.625% | 2014-10-01 | 4,050 | 4,273 | 1.42 | | Nrg Engy 7.625% | 2019-05-15 | 3,900 | 4,154 | 1.38 | | Kratos Defense & Sec Solutions 10% | 2017-06-01 | 3,750 | 4,069 | 1.35 | | | | Crosstex Engy L P / 8.875% | 2018-02-15 | 3,750 | 4,003 | 1.33 | | Interactive Data 10.25% | 2018-08-01 | 3,566 | 3,985 | 1.33 | | Spectrum Brands 9.5% | 2018-06-15 | 3,590 | 3,976 | 1.32 | | Emergency Medical Svcs 8.125% | 2019-06-01 | 3,600 | 3,924 | 1.31 | | Metropcs Wireless 7.875% | 2018-09-01 | 3,500 | 3,802 | 1.27 | | | | Bumble Bee Acquisition 144A 9% | 2017-12-15 | 3,500 | 3,763 | 1.25 | | Davita Healthcare Partners 6.625% | 2020-11-01 | 3,400 | 3,664 | 1.22 | | Level 3 Fing 10% | 2018-02-01 | 3,251 | 3,519 | 1.17 | | Telesat Cda / Telesat 144A 6% | 2017-05-15 | 3,200 | 3,324 | 1.11 | | Crown Castle Intl 7.125% | 2019-11-01 | 3,000 | 3,240 | 1.08 |
 |  | | Data as of 06-17-13 |
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