Fund Research for GE Fixed Income R (GEFRX)

  • Fund Overview

    Fund Inception Date: Jan 29, 2008
    Category: Intermediate-Term Bond
    Overall Risk: Average
    Fund Family: GE Asset Management
    Return Since Inception: 1.79%
    YTD Return: 6.78%
    Yield (TTM): 3.32%
    Net Assets: 10,286.00
    Morningstar Rating:
    2 of 5
    The investment seeks maximum income consistent with prudent investment management and the preservation of capital. The fund invests normally at least 80% of assets in debt securities. It invests primarily in a variety of investment-grade debt securities, such as mortgage-backed securities, corporate bonds, U.S. government securities and money market instruments. The fund normally has a weighted average maturity of approximately five to ten years. It also may invest to a lesser extent in asset-backed securities, high yield securities and foreign debt securities.

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    Details
    Average Eff Duration 3.77 Yrs
    Average Eff Maturity —
    Average Credit Quality AA
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/23/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 01/31/2008 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 6.78% 12.47% — — 4.77% 1.79%
    +/- Category -7.51% -7.61% — — -0.70% —
    +/- Barclays US Aggregate Bond TR USD — — — — 6.31% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 6.53% 11.55% 3.65% 3.15% 4.77% 1.79%
    Quarter (as of 09/30/2009) 5.70% 5.99% — — — 1.41%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/23/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/23/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 01/29/2008
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    US Government 18.80%
    Mortgage 32.22%
    Credit 24.72%
    Foreign 9.14%
    Cash 14.69%
    Bond Quality
    AAA 61.44%
    AA 3.67%
    A 16.64%
    BBB 9.69%
    BB 6.13%
    B 1.77%
    Below B 0.53%
    Not Rated 0.13%

    Asset Allocation

    Short Long Net Assets
    Cash — 14.69% 14.69%
    Stocks — 0.00% 0.00%
    Bonds — 84.89% 84.89%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 0.00% 0.00%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    * US TREASURY NOTE 06/30/2011 8.04 M 8.07 M 7.01%
    = US Treasury Note 0.875% 05/31/2011 6.45 M 6.45 M 5.60%
    - Ge Money Market Stif Segregated As Collateral 12/31/2030 4.66 M 4.66 M 4.04%
    - FNMA 5.5% 05/01/2035 3.71 M 3.88 M 3.37%
    = FNMA 07/12/2013 3.08 M 3.29 M 2.85%
    = FHLMC 5.125% 11/17/2017 2.5 M 2.75 M 2.39%
    N FNMA — 2.47 M 2.62 M 2.28%
    - FNMA 08/01/2037 2.19 M 2.29 M 1.99%
    = US Treasury Note 3.625% 10/31/2009 2.11 M 2.12 M 1.84%
    + US Treasury Bond 3.5% 02/15/2039 2.24 M 1.98 M 1.72%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 08/31/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 05/01/2009
    Expense Ratio (based on net assets) 1.09%
    Taken from annual report dated 09/30/2008

  • Fund Management

    Vita Marie Pike
    Start Date: 06/30/2004
    Pike is a vice president of GE Asset Management. Prior to joining GE Asset Management in January 2001, she was with Alliance Capital for over nine years serving in a number of different capacities including portfolio manager.
    William M. Healey
    Start Date: 12/31/1996
    Healey is a senior vice president of GE Asset Management. Prior to joining GE Asset Management, Healey spent over 10 years in the Fixed Income Group at MetLife.
    Paul M. Colonna
    Start Date: 01/01/2005
    Colonna is a senior vice president of GE Asset Management. Prior to joining GE Asset Management in February 2000, Colonna was a senior portfolio manager with the Federal Home Loan Mortgage Corporation, overseeing the Mortgage Investment Group.
    James F. Palmieri
    Start Date: 03/31/2006
    Palmieri is an assistant portfolio manager of GE Asset Management. Prior to joining GE Asset Management in March 2006, he was a director of Investments for Constitution Corporate Federal Credit Union from February 2005 to March 2006 and a Portfolio Manager for CIGNA Investment Management from January 2000 to February 2005.
    Mark H Johnson
    Start Date: 09/30/2007
    Johnson is a senior vice president of GE Asset Management and senior portfolio manager of Structured Products. He joined GE in 1998 in its Employers Reinsurance Corporation as a taxable income portfolio manager. Johnson joined GE Asset Management as a vice president and portfolio manager in 2002 and became a senior vice president and senior portfolio manager of Structured Products in 2007.
    Lewis Tatananni
    Start Date: 12/31/2007
    Tatananni is a senior corporate trader at GE Asset Management. He joined GE Asset Management in October 2002 and was responsible for executing the interest rate derivative hedging programs for GE Asset Managements insurance clients. Tatananni joined GE in 1999 as an associate at GE Capital Treasury and was responsible for debt origination and derivative execution.