Entering January, the fixed income allocation strategy is overweight U.S. Long-Term Treasurys, U.S. High Yield, Mortgage-Backed Securities, and Emerging Market Bonds, while being underweight Floating Rate Notes, U.S. Investment Grade Corporate, Treasury Inflation-Protected Securities, and International Investment Grade bonds.
Click the link below to read more about the strategy’s positioning.
Full strategy commentary: NDRFIAS202301051