| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 8.12 | -0.02 (-0.25%) | 7.68 - 8.40 | 0.0 |
Market data as of 6:05PM 06/19/13. Quotes are delayed by at least 15 min.
The investment seeks to maximize total return, consistent with income generation and prudent investment management. The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.
| Total Return | 8.14% |
|---|---|
| Yield (Trailing 12 Mo.) | 5.27% |
| Expense Ratio | 1.57% |
| Front Load | None |
| Deferred Load | 4.00% |
| Minimum Investment | $1,000 |
| Management Tenure | 5 Years |
| Fund Inception | 10/02/2006 |
| Timeframe | BHYDX | S&P 500 | High Yield Bond |
|---|---|---|---|
| 1 Month | -0.50% | 2.34% | -0.51% |
| 3 Month | 2.36% | 8.22% | 2.20% |
| Year-to-Date | 4.22% | 15.37% | 4.03% |
| 1 Year | 14.87% | 27.28% | 13.96% |
| 3 Year | 11.29% | 16.87% | 10.93% |
| 5 Year | 9.55% | 5.43% | 8.74% |
| 10 Year | 8.61% | 7.58% | 8.04% |
| Since Inception | 8.14% | 10.42% | -- |
| Basic Materials | 11.23% | |
|---|---|---|
| Consumer Cyclical | 25.74% | |
| Financial Services | 52.78% | |
| Real Estate | 0.00% | |
| Consumer Defensive | 0.00% | |
| Healthcare | 0.41% | |
| Utilities | 0.00% | |
| Communication Services | 5.33% | |
| Energy | 0.09% | |
| Industrials | 0.66% | |
| Technology | 3.76% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | 0.00 | 5.48 | 5.48 | ||
| Bond | 0.00 | 59.61 | 59.61 | ||
| Other | 0.00 | 4.40 | 4.40 | ||
| Foreign Stock | 0.00 | 0.50 | 0.50 | ||
| Foreign Bond | 0.31 | 30.69 | 30.38 | ||
| Total | 0.31 | 100.68 | 100.37 | ||
| Cash | 7.85 | 4.40 | -3.45 | ||
| Total Net Assets | $11.03B |
|---|---|
| Total Stock Holdings | 42 |
| Total Bond Holdings | 745 |
| AAA | 0.00% | |
|---|---|---|
| AA | 0.00% | |
| A | 0.00% | |
| BBB | 3.20% |
| BB | 22.90% | |
|---|---|---|
| B | 44.10% | |
| Below B | 15.00% | |
| Not Rated | 14.80% |
| Company | YTD Return | % of Assets |
|---|---|---|
| ACAS | 9.06% | 1.75% |
| Hilton Worldwide Inc Mezzanine F F-7a | -- | 1.69% |
| Engy Future Inter Hldg Co Ll 10% | -- | 1.58% |
| ALLY-A | -- | 1.25% |
| Gmac 8% | -- | 1.12% |
| GM | 19.39% | 0.77% |
| Sprint Nextel 144A 9% | -- | 0.76% |
| Ceridian Corp New 144A 8.875% | -- | 0.70% |
| Sabine Pass Lng L P 7.5% | -- | 0.70% |
| DANCZ | -- | 0.69% |
| Valuation | BHYDX | Category Range |
|---|---|---|
| Price/Earnings | 7.42 | |
| Price/Book | 1.05 | |
| Price/Sales | 0.87 | |
| Price/Cash Flow | -- | |
| Dividend Yield | 0.36 | |
| LT Earnings | 11.89 | |
| Historical Earnings | ||
| Sales Growth | -22.53 | |
| Cash-Flow Growth | 13.21 | |
| Book-Value Growth | 11.29 |
| Rate Sensitivity | |||
|---|---|---|---|
| High | |||
| Mid | |||
| Low | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | Avg | |
| Return | Avg |
| Pretax Return | 11.29% |
|---|---|
| Tax-adjusted Return | 8.04% |
| Tax Cost Ratio | 2.20% |
| Potential Cap Gains | 2.91% |
