Entering July, the fixed income allocation strategy’s positioning is mixed. 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: NDRFIAS202407021