The strategy is predominantly a high-quality diversified mix of global assets structured to achieve high current income and excess returns with reduced correlation to traditional asset classes and managed to outperform its benchmark, the Bloomberg Barclays U.S. Aggregate Index.
| Class | Ticker | Net Expense | Gross Expense |
| I | ADVNX | 0.95% | 1.96% |
| Current Quarter | 1 Year | 3 Years | 5 Years | Since Inception (6/30/2003) | |
| ADVNX | -2.00 | 4.33 | 3.23 | 2.94 | 3.59 |
| Barclays U.S. Aggregate Bond Index | 3.15 | 8.93 | 4.82 | 3.36 | 3.06 |
Current performance may be lower or higher than the performance data quoted. The performance data quoted represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Call 855-551-5521 for the most recent month-end performance results.
*Net Expense Ratio – Class I:0.95% Gross Expense Ratio – Class I: 1.96%. The Fund’s advisor has contractually agreed to waive its fees and / or pay for expenses to ensure they do not exceed 0.95% of the average daily net assets of the I Shares. This agreement is in effect until September 30, 2022.
Yield to Effective Maturity – 3.74
Non-U.S. Allocation (%) – 9.34
Effective Duration of Bonds and Preferreds – 5.39 years
| Top 10 Preferreds | (% of Portfolio) |
| Lloyds Banking Group PLC – 7.5% | 1.1 |
| J.P. Morgan – 6% | 1.1 |
| Royal Bank of Scotland – 7.5% | 1.0 |
| Morgan Stanley – 4.875% | 1.0 |
| UBS Group Funding – 6.875% | 1.0 |
| Bank of Montreal – 4.8% | 1.0 |
| PNC – 6.125% | 1.0 |
| Credit Suisse – 7.5% | 1.0 |
| Public Storage – 5.6% | 1.0 |
| Southern Company – 6.25% | 1.0 |
| Top 10 Non-Government Bonds | (% of Portfolio) |
| TJX Companies – 3.5% (4/15/25) | 1.5 |
| Public Service Enterprise Group – 2.25% (9/15/26) | 1.0 |
| Mastercard Inc. – 3.85% (3/28/50) | 1.0 |
| IBM – 3.5% (5/15/29) | 1.0 |
| Lowe’s Companies – 5.125% (4/15/50) | 0.9 |
| Nike Inc. – 3.375% (3/27/50) | 0.9 |
| Kimberly Clark Corp. – 3.1% (3/26/30) | 0.9 |
| General Dynamics Corp. – 3.75% (5/15/28) | 0.9 |
| Comcast Corp. – 3.3% (4/1/27) | 0.9 |
| Verizon Communications Inc. – 3.3% (8/21/46) | 0.9 |