|
| Adviser: |
Mason Street Advisors, LLC |
| Objective/Focus: |
Invests in investment grade corporate, U.S. Treasury and government agency bonds and mortgage- and asset-backed securities. The objective is to provide as high a level of total return as is consistent with prudent investment risk. A secondary objective is preservation of capital. |
| Asset Class: |
Bond |
| Style: |
High Credit Quality, Moderate Interest Rate Sensitivity |
| Bonds and other debt obligations are affected by changes in interest rates, inflation risk and the creditworthiness of their issuers. High yield bonds generally have greater price swings and higher default risks than investment grade bonds. Return of principal is not guaranteed. In contrast to owning individual bonds, there are ongoing fees and expenses associated with owning shares of bond funds. |
|
| Variable Annuity Fund Inception |
12-31-1981 |
| Variable Life Fund Inception |
07-01-1984 |
| The original Variable Annuity and Variable Life funds merged on 05-03-1994. |
| Net Assets |
$1.53 Billion |
| Top 10 Portfolio Holdings |
% of Net Assets |
| US Treasury, Various |
28.9% |
| Federal Home Loan Mortgage Corp., Various |
18.0% |
| Federal National Mortgage Association, Various |
14.4% |
| US Treasury Inflation Index Bond, Various |
1.0% |
| Golden Credit Card Trust, Series 2012-2A, Class A1, 1.77%, 1/15/19 |
0.7% |
| Caisse Centrale Desjardins du Quebec, 2.55%, 3/24/16 |
0.6% |
| Citigroup Commercial Mortgage Trust, 5.737%, 6/14/50 |
0.6% |
| JPMorgan Chase & Co., Various |
0.6% |
| ABN Amro Bank NV, 2.323%, 1/30/14 |
0.6% |
| Discover Card Master Trust, Series 2012-A1, Class A1, 0.81%, 8/15/17 |
0.5% |
| Total % of Net Assets |
65.9% |
| Download Publicly Disclosed Holdings |
| Sector Weightings |
% of Equities |
| Structured Products (ABS & MBS) |
41.1% |
| Government & Government Agency Bonds |
29.3% |
| Corporate Bonds |
21.4% |
| Cash |
6.4% |
| Municipal Bonds |
1.8% |
You should carefully consider the investment objectives, risks, expenses and charges of the investment company before you invest. Your Northwestern Mutual Investment Services Registered Representative can provide you with a contract and fund prospectus that will contain the information noted above, and other important information that you should read carefully before you invest or send money.
Mason Street Advisors, LLC (MSA), a wholly owned company of Northwestern Mutual, is a federally registered investment adviser. Mason Street Advisors, LLC (MSA) is the principal investment adviser for all the Portfolios in the Northwestern Mutual Series Fund (Series Fund) (NMSF). (Portfolios in the Series Funds are identified by the parenthetical next to the portfolio name.) MSA has engaged and oversees sub-advisers who provide day-to-day management for certain of the Series Fund Portfolios. Each sub-adviser may be replaced without the approval of shareholders. Please see the prospectus for more information. Additional fund options are advised by Russell Investments, Fidelity Investments® and Neuberger Berman Management, LLC.
All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Subsidiary of Northwestern Mutual and member FINRA and SIPC.
NMFN-VA35 (0309)