Capital Income
Characteristics
As of 03/31/2013
ASSET MIX (%)1
 |
Common Stock | 58.3 |
 | ||
 |
Bonds | 37.0 |
| ||
 |
Preferred/Convertibles | 3.9 |
| ||
 |
Cash & Equivalents | 0.8 |
| ||
EQUITY STATISTICS
| Portfolio | S&P 500 | |
|---|---|---|
| Projected P/E (FY2) | 11.1x | 12.7x |
| ||
| Price/Normal Earnings | 10.2x | 14.8x |
| ||
| Price/Book | 1.8x | 2.3x |
| ||
| Dividend Yield | 3.5% | 2.2% |
| ||
| Weighted Average Market Capitalization (millions) |
$91,314 | $106,231 |
| ||
| Median Market Capitalization (millions) |
$38,731 | $14,111 |
| ||
| Number of Stocks | 42 | 500 |
| ||
TOP TEN EQUITY HOLDINGS (%)1
| Vodafone Group PLC | 3.0 | |
| ||
| Johnson & Johnson | 3.0 | |
| ||
| Microsoft Corp. | 2.9 | |
| ||
| JPMorgan Chase & Co. | 2.9 | |
| ||
| Total S.A. | 2.6 | |
| ||
| Royal Dutch Shell | 2.6 | |
| ||
| Exelon Corp. | 2.5 | |
| ||
| Public Service Enterprise Group | 2.4 | |
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| Hewlett-Packard Co. | 2.3 | |
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| PepsiCo Inc. | 1.8 | |
| ||
BOND CREDIT QUALITY (%)
 |
Cash & Equivalents | 0.9 |
| ||
 |
Investment Grade | 5.8 |
| ||
 |
BB | 28.5 |
| ||
 |
B | 54.7 |
| ||
 |
CCC+ or lower | 4.3 |
| ||
 |
Nonrated | 5.8 |
| ||
BOND STATISTICS
| Portfolio | BofAML US Corp/Govt/Mtg |
|
|---|---|---|
| Yield-to-Worst | 5.9% | 1.7% |
| ||
| Modified Duration | 3.8 years | 5.4 years |
| ||
| Spread over Treasuries | 493 bps | 54 bps |
| ||
| Average Coupon Rate | 8.1% | 3.7% |
| ||
| Number of Issuers | 127 | 1,178 |
| ||
TOP FIVE BOND HOLDINGS (%)1
| Portfolio | Coupon Rate |
Maturity Date |
|
|---|---|---|---|
| iShares iBoxx $ HY Bond Fund | 1.9 | 7.480% | 12/31/2040 |
| |||
| WellPoint Inc. | 0.7 | 2.750% | 10/15/2042 |
| |||
| Pebblebrook Hotel Trust (preferred) | 0.7 | 8.000% | 12/31/2049 |
| |||
| Longview Fibre Paper & Packaging Inc. | 0.5 | 8.000% | 06/01/2016 |
| |||
| CCO Holdings LLC | 0.5 | 7.375% | 06/01/2020 |
| |||
1 % of Total Portfolio
BofAML US Corp/Govt/Mtg = BofA Merrill Lynch U.S. Corporate, Government and Mortgage Index
Data source: Hotchkis & Wiley, FactSet, Bloomberg
Informational purposes and should not be considered as investment recommendations. Information provided is based on a representative portfolio of the Capital Income strategy. Statistics and holdings may vary due to different restrictions, cash flows, and other relevant considerations. Information is subject to change and may not be representative of the strategy's current holdings. Equity statistics presented may be based on proprietary or third-party estimates, which are subject to change and cannot be guaranteed.
