|
Institutional
Class |
Investor
Class |
Management
Fees |
|
|
Distribution
and Service (12b-1) Fees |
|
|
Total
Other Expenses |
|
|
Shareholder
Services Fees |
|
|
Other
Expenses |
|
|
Total
Annual Fund Operating Expenses |
|
|
Fee
Waiver and Expense Reimbursement1
|
|
|
Total
Annual Fund Operating Expenses After Fee Waiver and Expense
Reimbursement |
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Institutional
Class |
$ |
$ |
$ |
$ |
Investor
Class |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
One
Year |
Five
Years |
Ten
Years |
Since
Inception |
Inception
Date |
Institutional
Class |
- |
- |
|
- |
|
Investor
Class |
- |
- |
- |
|
|
Bloomberg
Global Aggregate Index (reflects no
deduction
for fees, expenses or taxes) |
- |
- |
- |
- |
|
Name |
Title |
Portfolio
Manager of Fund
Since |
Insight | ||
Brendan
J. Murphy, CFA |
Head
of Global Fixed Income, North America |
2018 |
Nathaniel
Hyde, CFA |
Portfolio
Manager |
2022 |
RBC
GAM UK | ||
Mark
Dowding |
Chief
Investment Officer and Senior Portfolio Manager |
2021 |
Kaspar
Hense, CFA |
Senior
Portfolio Manager |
2021 |
|
|
Income
(Loss) from Investment Operations:
|
Less
Distributions:
|
|
| |||||
|
Net
asset value,
beginning
of year
|
Net
investment
income(a)
|
Net
realized
and
unrealized
gain
(loss)
|
Total
from
investment
operations
|
From
return
of
capital
|
From
net
investment
income
|
From
net
realized
gains
|
Total
Distributions
|
Net
asset value,
end
of year
|
Total
Return
(b)(c)
|
Investor
Class
|
|
|
|
|
|
|
|
|
|
|
12/31/2022
|
$7.88
|
0.10
|
(1.26)
|
(1.16)
|
(0.03)
|
(0.02)
|
(0.03)
|
(0.08)
|
$6.64
|
(14.65%)
|
12/31/2021
|
$8.43
|
0.03
|
(0.57)
|
(0.54)
|
-
|
(0.01)
|
-
|
(0.01)
|
$7.88
|
(6.46%)
|
12/31/2020
|
$8.09
|
0.10
|
0.33
|
0.43
|
(0.02)
|
(0.07)
|
-
|
(0.09)
|
$8.43
|
5.33%
|
12/31/2019
|
$8.07
|
0.20
|
0.13
|
0.33
|
-
|
(0.31)
|
-
|
(0.31)
|
$8.09
|
4.07%
|
12/31/2018
|
$8.34
|
0.30
|
(0.32)
|
(0.02)
|
-
|
(0.22)
|
(0.03)
|
(0.25)
|
$8.07
|
(0.27%)
|
Institutional
Class
|
|
|
|
|
|
|
|
|
|
|
12/31/2022
|
$8.75
|
0.14
|
(1.40)
|
(1.26)
|
(0.03)
|
(0.03)
|
(0.03)
|
(0.09)
|
$7.40
|
(14.35%)
|
12/31/2021
|
$9.33
|
0.07
|
(0.63)
|
(0.56)
|
-
|
(0.02)
|
-
|
(0.02)
|
$8.75
|
(6.03%)
|
12/31/2020
|
$8.95
|
0.16
|
0.35
|
0.51
|
(0.02)
|
(0.11)
|
-
|
(0.13)
|
$9.33
|
5.72%
|
12/31/2019
|
$8.91
|
0.25
|
0.14
|
0.39
|
-
|
(0.35)
|
-
|
(0.35)
|
$8.95
|
4.39%
|
12/31/2018
|
$9.20
|
0.35
|
(0.35)
|
0.00
|
-
|
(0.26)
|
(0.03)
|
(0.29)
|
$8.91
|
0.06% |
|
Net
assets,
end
of year
(000)
|
Ratio
of expenses
to
average net assets
(before
reimbursement
and/or
waiver, if applicable)
|
Ratio
of expenses
to
average net assets
(after
reimbursement
and/or
waiver, if applicable)
|
|
Ratio
of net investment income
to
average net assets
(after
reimbursement
and/or
waiver, if applicable)
|
Portfolio
turnover
rate(d)(e)
|
Supplemental
Data and Ratios
|
|
|
|
|
|
|
Investor
Class
|
|
|
|
|
|
|
12/31/2022
|
$20,801
|
1.13%
|
1.00%
|
|
1.48%
|
176%
|
12/31/2021
|
$25,775
|
1.09%
|
1.01%
|
|
0.32%
|
184%
|
12/31/2020
|
$29,333
|
1.10%
|
1.01%
|
|
1.25%
|
104%
|
12/31/2019
|
$38,388
|
1.07%
|
1.01%
|
|
2.46%
|
73%
|
12/31/2018
|
$41,754
|
1.12%
|
1.01%
|
|
3.60%
|
123%
|
Institutional
Class
|
|
|
|
|
|
|
12/31/2022
|
$421,489
|
0.65%
|
0.65%
|
|
1.83%
|
176%
|
12/31/2021
|
$513,789
|
0.64%
|
0.64%
|
|
0.74%
|
184%
|
12/31/2020
|
$460,046
|
0.66%
|
0.66%
|
|
1.76%
|
104%
|
12/31/2019
|
$470,867
|
0.65%
|
0.65%
|
|
2.79%
|
73%
|
12/31/2018
|
$409,355
|
0.70%
|
0.66%
|
|
3.80%
|
123% |
(a)
|
Per
share amounts are based upon average shares outstanding.
|
(b)
|
Total
return does not include any fees or expenses of variable insurance
contracts, if applicable. If such fees or expenses were included, the
return shown
would
have been lower.
|
(c)
|
Total
return shown net of expenses reimbursed and/or waived, if applicable.
Without the expense reimbursement and/or waiver, the return shown would
have
been
lower.
|
(d)
|
Portfolio
turnover is calculated at the Fund level.
|
(e)
|
Portfolio
turnover includes purchases and sales from mortgage dollar roll
transactions which occurred during the period, if any. Excluding these
transactions,
the
portfolio turnover would have been 96% and 138% for the years ended
December 31, 2022 and December 31, 2021,
respectively. |