Profile and investment
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (stocks) | Market Cap: Small Investment Style: Value |
| Investment style (bonds) | Credit Quality: Low Interest-Rate Sensitivity: Ltd |
| Morningstar category | Bank Loan |
| Launch date | 01 May 2001 |
| Price currency | USD |
| Domicile | United States |
| Symbol | FDAAX |
| Manager & start date | Justin Ma 01 Jun 2013 Reema Agarwal 31 Jan 2019 Margaret Chiu 01 Mar 2019 Judy Sher 31 Dec 2019 |
| Pricing frequency | Daily |
|---|---|
| Total net assets | 1.30bn USD As of Jan 31 2026 |
| Share class size | 220.33m USD As of Jan 31 2026 |
| Net expense ratio | 0.70% |
| Front end load | -- |
| Deferred load | -- |
| Maximum Redemption Fee | -- |
| Min. initial investment | 100,000.00 USD |
| Min. additional investment | -- |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
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Top 5 holdings
| Top 5 holdings as a per cent of portfolio | |||
|---|---|---|---|
| 47.17% | 16.88% | 0.00% | 16.88% |
| Category average | % Net assets | % Short | % Long |
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Franklin Instl U.S. Govt Mny Mkt Fund | 0.00% | 11.31% | |
| Hub International Ltd 6.5% 06/20/2030 2025 Incremental Term Loans | -- | 1.59% | |
| Ukg Inc 8.81426% 02/09/2031 Initial Term Loan | -- | 1.49% | |
| Sedgwick Claims Management Services Inc 9.07734% 07/31/2031 2024 Term Loans | -- | 1.31% | |
| Zuffa Llc 6.5% 11/21/2031 Term B-5 Loan | -- | 1.18% | |
| Per cent of portfolio in top 5 holdings: 16.88% |
Asset type
| US bond | 87.16% |
| Cash | 9.86% |
| Non-US bond | 1.77% |
| US stock | 0.20% |
| Non-US stock | 0.00% |
| Other | 1.02% |
Top 5 sectors
| Energy | 0.20% |
Top 5 regions
| United States | 0.20% |
Sector and region weightings are calculated using only long position holdings of the portfolio.
