Entering August, the fixed income allocation strategy’s positioning stayed the same. U.S. High Yield, U.S. Investment Grade Corporate, U.S. Mortgage-Backed Securities, and U.S. Treasury Inflation-Protected Securities are above benchmark weight. Emerging Market bonds, International Investment Grade, and U.S. Floating Rate Notes are below benchmark weight.
Click the link below to read more about the strategy’s positioning.
Full strategy commentary: NDRFIAS202408051