| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 6.37 | -0.02 (-0.31%) | 5.86 - 6.43 | 0.0 |
Market data as of 6:05PM 05/23/13. Quotes are delayed by at least 15 min.
The investment seeks high current income; capital appreciation is secondary. Under normal market conditions, the portfolio managers will maintain at least 80% of the fund's assets in high-yield corporate bonds and other debt instruments. The remaining assets may be invested in common stocks or other equity-related securities. Up to 40% of the fund's total assets may be invested in fixed-income obligations of foreign issuers. It may invest up to 20% of its assets in short-term money market instruments and U.S. government securities. The fund has no average maturity limitations, but it typically invests in intermediate-term and long-term debt securities.
| Total Return | 7.76% |
|---|---|
| Yield (Trailing 12 Mo.) | 6.11% |
| Expense Ratio | 0.68% |
| Front Load | None |
| Deferred Load | None |
| Minimum Investment | $5,000,000 |
| Management Tenure | 5 Years |
| Fund Inception | 08/02/2004 |
| Timeframe | ACYIX | S&P 500 | High Yield Bond |
|---|---|---|---|
| 1 Month | 1.93% | 1.93% | 1.71% |
| 3 Month | 3.27% | 7.18% | 3.15% |
| Year-to-Date | 4.45% | 12.74% | 4.55% |
| 1 Year | 13.27% | 16.89% | 12.81% |
| 3 Year | 10.29% | 12.80% | 9.81% |
| 5 Year | 9.25% | 5.21% | 8.94% |
| 10 Year | 8.05% | 7.88% | 8.24% |
| Since Inception | 7.76% | 10.38% | -- |
| Basic Materials | 1.14% | |
|---|---|---|
| Consumer Cyclical | 0.00% | |
| Financial Services | 65.79% | |
| Real Estate | 0.00% | |
| Consumer Defensive | 0.00% | |
| Healthcare | 15.33% | |
| Utilities | 0.00% | |
| Communication Services | 17.74% | |
| Energy | 0.00% | |
| Industrials | 0.00% | |
| Technology | 0.00% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | 0.00 | 0.26 | 0.26 | ||
| Bond | 0.00 | 78.92 | 78.92 | ||
| Other | 0.00 | 0.00 | 0.00 | ||
| Foreign Stock | 0.00 | 0.33 | 0.33 | ||
| Foreign Bond | 0.83 | 14.42 | 13.58 | ||
| Total | 0.83 | 93.93 | 93.09 | ||
| Cash | 0.24 | 6.33 | 6.09 | ||
| Total Net Assets | $706.59M |
|---|---|
| Total Stock Holdings | 5 |
| Total Bond Holdings | 562 |
| AAA | 0.01% | |
|---|---|---|
| AA | 0.00% | |
| A | 0.25% | |
| BBB | 4.27% |
| BB | 32.77% | |
|---|---|---|
| B | 45.13% | |
| Below B | 17.55% | |
| Not Rated | 0.02% |
| Company | YTD Return | % of Assets |
|---|---|---|
| Us Long Bond(Cbt) Jun13 Xcbt 20130619 | -- | 1.61% |
| Spen009x9 Cds Usd R F 5.00000 | -- | 0.90% |
| Spen009x9 Cds Usd P V 00mevent 2i65brhj2 | -- | 0.83% |
| JNK | -- | 0.74% |
| Mgm Resorts Intl 7.625% | -- | 0.66% |
| Ally Finl 8.3% | -- | 0.58% |
| Level 3 Fing 8.625% | -- | 0.54% |
| Cit Grp 4.25% | -- | 0.53% |
| Supervalu 8% | -- | 0.53% |
| Sprint Nextel 6% | -- | 0.51% |
| Valuation | ACYIX | Category Range |
|---|---|---|
| Price/Earnings | -- | |
| Price/Book | -- | |
| Price/Sales | -- | |
| Price/Cash Flow | -- | |
| Dividend Yield | 0 | |
| LT Earnings | 18.5 | |
| Historical Earnings | ||
| Sales Growth | 28.44 | |
| Cash-Flow Growth | 22.04 | |
| Book-Value Growth | 39.81 |
| Rate Sensitivity | |||
|---|---|---|---|
| High | |||
| Mid | |||
| Low | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | Above Avg | |
| Return | Avg |
| Pretax Return | 10.29% |
|---|---|
| Tax-adjusted Return | 7.42% |
| Tax Cost Ratio | 2.60% |
| Potential Cap Gains | 7.50% |
