Fixed Income Taxable
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ANAGX AB Global Bond Fund | Global Bonds | 3% |
FXNAX Fidelity U.S. Bond Index Fund | Total Bond Market | 21.50% |
IIBAX Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 19% |
JPST JPMorgan Ultra-Short Income ETF | Money Market, Actively Managed | 17% |
PDBAX PGIM Total Return Bond Fund | Intermediate Core-Plus Bond | 21% |
PONPX PIMCO Income Fund Class I-2 | Total Bond Market | 7% |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 8.50% |
SHYPX American Beacon SiM High Yld Opps Fund | High Yield Bonds | 3% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fixed Income Taxable, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is May 19, 2017, corresponding to the inception date of JPST
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -13.93% | -12.27% | -11.13% | -2.73% | 13.04% | 9.21% |
| Fixed Income Taxable | 1.86% | 0.02% | 1.16% | 5.86% | 1.54% | N/A |
| Portfolio components: | ||||||
FXNAX Fidelity U.S. Bond Index Fund | 2.06% | -0.00% | 0.31% | 5.32% | -0.88% | 1.23% |
JPST JPMorgan Ultra-Short Income ETF | 1.23% | 0.20% | 2.23% | 5.38% | 3.17% | N/A |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 0.75% | -0.45% | 1.66% | 5.54% | 3.31% | 2.52% |
PONPX PIMCO Income Fund Class I-2 | 3.17% | 0.23% | 3.01% | 7.73% | 5.01% | 4.25% |
IIBAX Voya Intermediate Bond Fund | 1.82% | -0.23% | 0.23% | 5.68% | 0.22% | 1.47% |
PDBAX PGIM Total Return Bond Fund | 3.08% | 0.91% | 1.57% | 6.85% | 0.95% | 1.52% |
ANAGX AB Global Bond Fund | 1.15% | 0.14% | 0.56% | 4.18% | 0.34% | 1.20% |
SHYPX American Beacon SiM High Yld Opps Fund | -1.87% | -3.45% | -1.66% | 4.86% | 9.70% | 5.01% |
Monthly Returns
The table below presents the monthly returns of Fixed Income Taxable, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.63% | 1.66% | -0.27% | -0.17% | 1.86% | ||||||||
| 2024 | 0.34% | -0.75% | 0.82% | -1.54% | 1.41% | 0.80% | 1.88% | 1.08% | 1.31% | -1.62% | 0.86% | -0.89% | 3.69% |
| 2023 | 2.77% | -1.73% | 1.58% | 0.58% | -0.67% | 0.07% | 0.40% | -0.20% | -1.69% | -0.91% | 3.54% | 2.96% | 6.72% |
| 2022 | -1.64% | -1.50% | -1.69% | -3.01% | 0.27% | -1.84% | 2.02% | -1.66% | -3.38% | -0.71% | 2.78% | -0.23% | -10.27% |
| 2021 | -0.38% | -1.13% | -0.86% | 0.73% | 0.40% | 0.70% | 0.76% | -0.06% | -0.61% | -0.20% | 0.01% | 0.03% | -0.63% |
| 2020 | 1.58% | 0.92% | -4.39% | 2.30% | 1.56% | 1.09% | 1.65% | -0.21% | -0.04% | -0.47% | 1.61% | 0.13% | 5.68% |
| 2019 | 1.29% | 0.13% | 1.53% | 0.25% | 1.25% | 1.12% | 0.29% | 1.69% | -0.18% | 0.29% | 0.03% | -0.64% | 7.25% |
| 2018 | -0.60% | -0.75% | 0.42% | -0.43% | 0.32% | -0.03% | 0.28% | 0.36% | -0.32% | -0.44% | 0.32% | 1.04% | 0.15% |
| 2017 | 0.40% | 0.08% | 0.49% | 0.70% | -0.19% | 0.18% | -0.01% | 0.45% | 2.12% |
Expense Ratio
Fixed Income Taxable has an expense ratio of 0.47%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, Fixed Income Taxable is among the top 6% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | 0.96 | 1.42 | 1.17 | 0.35 | 2.45 |
JPST JPMorgan Ultra-Short Income ETF | 9.50 | 19.38 | 4.62 | 29.94 | 232.53 |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 2.85 | 4.84 | 1.82 | 6.24 | 18.72 |
PONPX PIMCO Income Fund Class I-2 | 1.92 | 2.92 | 1.39 | 3.23 | 9.09 |
IIBAX Voya Intermediate Bond Fund | 1.00 | 1.48 | 1.18 | 0.39 | 2.78 |
PDBAX PGIM Total Return Bond Fund | 1.29 | 1.90 | 1.23 | 0.51 | 3.72 |
ANAGX AB Global Bond Fund | 1.02 | 1.48 | 1.19 | 0.38 | 3.41 |
SHYPX American Beacon SiM High Yld Opps Fund | 1.36 | 1.98 | 1.30 | 1.20 | 8.38 |
Dividends
Dividend yield
Fixed Income Taxable provided a 4.20% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.20% | 4.54% | 4.11% | 3.57% | 2.32% | 2.68% | 3.33% | 3.24% | 2.64% | 2.50% | 2.74% | 2.83% |
| Portfolio components: | ||||||||||||
FXNAX Fidelity U.S. Bond Index Fund | 3.12% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
JPST JPMorgan Ultra-Short Income ETF | 4.98% | 5.16% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% | 0.00% | 0.00% | 0.00% |
SDMZX PGIM Short Duration Multi-Sector Bond Fund | 4.49% | 4.85% | 4.35% | 4.22% | 3.01% | 3.10% | 3.69% | 3.49% | 2.64% | 2.79% | 3.30% | 3.44% |
PONPX PIMCO Income Fund Class I-2 | 6.06% | 6.16% | 6.10% | 6.28% | 3.92% | 4.79% | 5.76% | 5.58% | 5.32% | 5.47% | 7.64% | 6.18% |
IIBAX Voya Intermediate Bond Fund | 4.01% | 4.46% | 3.57% | 2.72% | 2.51% | 3.12% | 3.16% | 2.95% | 2.90% | 2.99% | 2.44% | 2.83% |
PDBAX PGIM Total Return Bond Fund | 3.98% | 4.50% | 4.32% | 4.83% | 2.69% | 2.69% | 3.34% | 3.75% | 2.63% | 2.60% | 2.93% | 3.33% |
ANAGX AB Global Bond Fund | 3.21% | 3.45% | 3.15% | 8.27% | 2.79% | 1.70% | 3.21% | 2.84% | 2.24% | 2.18% | 3.63% | 4.50% |
SHYPX American Beacon SiM High Yld Opps Fund | 6.00% | 6.49% | 6.37% | 5.46% | 5.08% | 6.05% | 5.90% | 6.10% | 5.52% | 5.39% | 5.41% | 5.67% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fixed Income Taxable. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fixed Income Taxable was 14.37%, occurring on Oct 24, 2022. Recovery took 482 trading sessions.
The current Fixed Income Taxable drawdown is 0.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.37% | Aug 3, 2021 | 312 | Oct 24, 2022 | 482 | Sep 16, 2024 | 794 |
| -8.64% | Mar 9, 2020 | 9 | Mar 19, 2020 | 81 | Jul 15, 2020 | 90 |
| -2.68% | Sep 17, 2024 | 82 | Jan 13, 2025 | 32 | Feb 28, 2025 | 114 |
| -2.62% | Jan 4, 2021 | 52 | Mar 18, 2021 | 84 | Jul 19, 2021 | 136 |
| -2.07% | Jan 2, 2018 | 96 | May 17, 2018 | 157 | Dec 31, 2018 | 253 |
Volatility
Volatility Chart
The current Fixed Income Taxable volatility is 1.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| SHYPX | JPST | PONPX | SDMZX | ANAGX | FXNAX | IIBAX | PDBAX | |
|---|---|---|---|---|---|---|---|---|
| SHYPX | 1.00 | 0.14 | 0.52 | 0.39 | 0.33 | 0.23 | 0.28 | 0.30 |
| JPST | 0.14 | 1.00 | 0.31 | 0.34 | 0.35 | 0.37 | 0.37 | 0.37 |
| PONPX | 0.52 | 0.31 | 1.00 | 0.68 | 0.63 | 0.64 | 0.67 | 0.68 |
| SDMZX | 0.39 | 0.34 | 0.68 | 1.00 | 0.65 | 0.68 | 0.71 | 0.74 |
| ANAGX | 0.33 | 0.35 | 0.63 | 0.65 | 1.00 | 0.81 | 0.83 | 0.85 |
| FXNAX | 0.23 | 0.37 | 0.64 | 0.68 | 0.81 | 1.00 | 0.95 | 0.94 |
| IIBAX | 0.28 | 0.37 | 0.67 | 0.71 | 0.83 | 0.95 | 1.00 | 0.94 |
| PDBAX | 0.30 | 0.37 | 0.68 | 0.74 | 0.85 | 0.94 | 0.94 | 1.00 |