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Fund Overview
Advisor
Mason Street Advisors, LLC
Subadvisor
Allspring Global Investments, LLC
Objective/Focus:
Invests primarily 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
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.
Fund Facts as of 12/31/2022
Fund Inception
12-31-1981
First Available for Variable Annuity
07-01-1984
Net Assets
$2.8 Billion
Top 10 Portfolio Holdings % of Net Assets
US Treasury, Various
28.60%
Federal National Mortgage Association, Various
19.10%
Government National Mortgage Association, Various
2.80%
Uniform Mortgage Backed Security TBA, Various
2.50%
Federal Home Loan Mortgage Corp., Various
2.20%
Federal Home Loan Bank, Various
1.60%
Bank of America Corp., Various
1.50%
JPMorgan Chase & Co., Various
1.40%
Morgan Stanley, Various
0.90%
UnitedHealth Group, Inc., Various
0.60%
Total % of Net Assets
61.20%
Download Publicly Disclosed HoldingsSector Weightings % of Equities
Structured Products
48.50%
Governments
30.00%
Corporate Bonds
23.70%
Municipal Bonds
0.30%
Short-Term Investments & Other Net Assets
-2.50%