SA Wellington Government and Quality Bond Portfolio
Data updated: 2026-04-27
C000021556 — SA Wellington Government and Quality Bond Portfolio. Treasury / Sovereign Bond · $1.80B AUM. Holdings, fees, performance and SEC filings.
C000021556 Fund Overview
SA Wellington Government and Quality Bond Portfolio is a US mutual fund managed by Anchor Series Trust, categorised as Treasury / Sovereign Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Anchor Series Trust
- Category: Treasury / Sovereign Bond
- Assets under management: $1.80B
- 1-year return: -1.8%
- SEC CIK: 0000726735
- SEC series ID: S000007950
- Share class ID: C000021556
C000021556 Investment Objective and Strategy
SA Wellington Government and Quality Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Anchor Series Trust.
Investment objective
The investment goal of the SA Goldman Sachs Government and Quality Bond Portfolio (formerly, SA Wellington Government and Quality Bond Portfolio ) (the Portfolio) is to seek a high degree of income and total return , consistent with safety of principal and the high credit quality of U.S. Government securities.
Principal investment strategy
The Portfolios principal investment strategy is to invest, under normal circumstances, at least 80% of net assets in obligations issued, guaranteed or insured by the U.S. Government, its agencies or instrumentalities and in high quality fixed income securities (rated AA - or better by S&P Global Ratings or Aa3 or better by Moodys Investors Service, Inc. or its equivalent by any other nationally recognized statistical rating organization). U.S. Government securities include agency issued adjustable rate and fixed rate mortgage-backed securities and other mortgage-related securities (Agency Mortgage-Backed Securities) and repurchase agreements collateralized by such securities. The Portfolio may invest in fixed income securities of any maturity. The Portfolio may gain exposure to Agency Mortgage-Backed Securities through several methods, including by utilizing to-be-announced (TBA) agreements in Agency Mortgage-Backed Securities or through the use of reverse repurchase agreements.
TBA agreements for Agency Mortgage-Backed Securities are standardized contracts for future delivery of fixed-rate mortgage pass-through securities in which the exact mortgage pools to be delivered are not specified until shortly before settlement. A reverse repurchase agreement enables the Portfolio to gain exposure to specified pools of Agency Mortgage-Backed Securities by purchasing them on a forward settling basis and using the proceeds of the reverse repurchase agreement to settle the trade. The Portfolio also intends to invest in derivatives, including, but not limited to, futures, swaps and options on swaps, which are used primarily to hedge the Portfolios portfolio risks, manage the Portfolios duration and/or gain exposure to certain fixed income securities. The Portfolio may also implement short positions and may do so by using swaps or futures, TBA agreements in Agency Mortgage-Backed Securities, or through short sales of any instrument that the Portfolio may purchase for investment.
For example, the Portfolio may enter into a futures contract pursuant to which it agrees to sell an asset (that it does not currently own) at a specified price at a specified point in the future. This gives the Portfolio a short position with respect to that asset. The Portfolio may utilize short positions to implement macro views on securities valuations, long-term views on relative value or short-term views on security mispricings, as well as any other views the subadviser deems appropriate. For example, the Portfolio may enter into a TBA agreement to sell an Agency Mortgage-Backed Security that it believes will underperform. The Portfolio will benefit from a short position to the extent the asset decreases in value (and will be harmed to the extent the asset increases in value) between the time it enters into the futures contract and the agreed date of sale.
Alternatively, the Portfolio may sell an instrument (e.g., a bond, or a futures contract) it does not own in anticipation of a decline in the market value of the instrument and then borrow the instrument to make delivery to the buyer. In these transactions, the Portfolio is obligated to replace the instrument borrowed by purchasing it at the market price at the time of replacement. The Portfolio s net assets may also be invested in privately issued adjustable rate and fixed rate mortgage-backed securities and other mortgage-related securities (such as commercial mortgage-backed securities and non-agency residential mortgage-backed securities), asset-backed securities, collateralized loan obligations, mortgage dollar rolls, corporate securities, municipal securities, floating and variable rate obligations , when-issued securities and forward commitments , short term investments and bank obligations .
The Portfolio may use an active trading strategy to achieve its objective. 100% of the Portfolios portfolio will be invested in U.S. dollar-denominated securities.
C000021556 Performance
Total returns for C000021556 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.8% |
| 3 years (annualised) | 2.9% |
C000021556 Risk Information
Risk metrics for C000021556, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.9%
C000021556 Costs and Fees
C000021556 costs about $84 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.84%
- Gross expense ratio: 0.84%
- Portfolio turnover: 75%
- Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)
C000021556 Cashflows
Over the 12 months to 2021-09, SA Wellington Government and Quality Bond Portfolio had net inflows of $127.47M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-09 | −$31.80M |
| 2021-08 | −$23.26M |
| 2021-07 | −$2.21M |
| 2021-06 | −$17.03M |
| 2021-05 | $45.55M |
| 2021-04 | $14.62M |
C000021556 Debt Constituents
No individual debt constituents are reported in SA Wellington Government and Quality Bond Portfolio's latest SEC N-PORT filing.
C000021556 Prospectus and SEC Filings
Official SA Wellington Government and Quality Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2021-11-24
- Portfolio holdings (N-PORT) — filed 2021-08-27
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Annual census (N-CEN) — filed 2021-03-15
- Annual census (N-CEN) — filed 2020-03-13
Related Funds
Other Treasury / Sovereign Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.