The fixed income allocation strategy didn’t rebalance this past month. Entering January, Emerging Market bonds, U.S. Floating Rate Notes, U.S. High Yield, and International Investment Grade are above benchmark weight. U.S. Investment Grade Corporate, U.S. Long-Term Treasurys, U.S. Mortgage-Backed Securities, and U.S. Treasury Inflation-Protected Securities are below benchmark weight.
Click the link below to read more about the strategy’s positioning.
Full strategy commentary: NDRFIAS202501061