| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 10.02 | 0.01 (+0.10%) | 9.41 - 10.35 | 0.0 |
Market data as of 8:00PM 06/18/13. Quotes are delayed by at least 15 min.
The investment seeks to maximize total return through a combination of income and capital appreciation. Normally, the fund invests at least 80% of its total assets in below investment grade (high yield) debt securities and preferred stocks of U.S. and non-U.S. issuers, including governmental and corporate issuers in emerging markets. It also may invest in derivative instruments that have economic characteristics similar to such high yield debt securities and preferred stocks. The fund may invest in securities with a broad range of maturities.
| Total Return | 7.44% |
|---|---|
| Yield (Trailing 12 Mo.) | 7.34% |
| Expense Ratio | 0.80% |
| Front Load | None |
| Deferred Load | None |
| Minimum Investment | $5,000,000 |
| Management Tenure | 12 Years |
| Fund Inception | 12/27/2005 |
| Timeframe | GHYYX | S&P 500 | High Yield Bond |
|---|---|---|---|
| 1 Month | -0.40% | 2.34% | -0.51% |
| 3 Month | 0.93% | 8.22% | 2.20% |
| Year-to-Date | 3.84% | 15.37% | 4.03% |
| 1 Year | 16.21% | 27.28% | 13.96% |
| 3 Year | 10.47% | 16.87% | 10.93% |
| 5 Year | 7.92% | 5.43% | 8.74% |
| 10 Year | 8.96% | 7.58% | 8.04% |
| Since Inception | 7.44% | 10.42% | -- |
| Basic Materials | 52.82% | |
|---|---|---|
| Consumer Cyclical | 4.80% | |
| Financial Services | 0.16% | |
| Real Estate | 0.00% | |
| Consumer Defensive | 0.00% | |
| Healthcare | 0.00% | |
| Utilities | 0.00% | |
| Communication Services | 0.00% | |
| Energy | 13.21% | |
| Industrials | 29.01% | |
| Technology | 0.00% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | 0.00 | 0.44 | 0.44 | ||
| Bond | 0.00 | 33.02 | 33.02 | ||
| Other | 0.40 | 6.78 | 6.38 | ||
| Foreign Stock | 0.00 | 0.22 | 0.22 | ||
| Foreign Bond | 0.00 | 46.60 | 46.60 | ||
| Total | 0.40 | 87.06 | 86.66 | ||
| Cash | 2.45 | 8.39 | 5.94 | ||
| Total Net Assets | $2.08B |
|---|---|
| Total Stock Holdings | 13 |
| Total Bond Holdings | 368 |
| AAA | 2.48% | |
|---|---|---|
| AA | 0.18% | |
| A | 1.58% | |
| BBB | 7.81% |
| BB | 22.30% | |
|---|---|---|
| B | 41.77% | |
| Below B | 16.68% | |
| Not Rated | 7.20% |
| Company | YTD Return | % of Assets |
|---|---|---|
| Minerva Luxembourg S A 144A 7.75% | -- | 1.22% |
| Ford Mtr Co Del Cv 4.25% | -- | 0.94% |
| Vereinigte Mexikanische 2% | -- | 0.93% |
| Marfrig Overseas 144A 9.5% | -- | 0.88% |
| Goldman Sachs Cap Ii FRN | -- | 0.83% |
| Everest Acq Llc/Finance 9.375% | -- | 0.76% |
| Alliance One Intl 10% | -- | 0.75% |
| Montell Fin Co Bv 144A 8.1% | -- | 0.74% |
| Nara Cable Fdg 8.875% | -- | 0.74% |
| PNCXL | -- | 0.73% |
| Valuation | GHYYX | Category Range |
|---|---|---|
| Price/Earnings | 11.84 | |
| Price/Book | 1.31 | |
| Price/Sales | 0.10 | |
| Price/Cash Flow | 6.70 | |
| Dividend Yield | 2.62 | |
| LT Earnings | 13.77 | |
| Historical Earnings | 8.85 | |
| Sales Growth | -71.92 | |
| Cash-Flow Growth | -13.06 | |
| Book-Value Growth | 13.5 |
| Rate Sensitivity | |||
|---|---|---|---|
| High | |||
| Mid | |||
| Low | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | Above Avg | |
| Return | Avg |
| Pretax Return | 10.47% |
|---|---|
| Tax-adjusted Return | 9.08% |
| Tax Cost Ratio | 1.26% |
| Potential Cap Gains | -13.56% |
