| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 12.38 | -0.03 (-0.24%) | 10.68 - 12.41 | 0.0 |
Market data as of 6:05PM 05/22/13. Quotes are delayed by at least 15 min.
The investment seeks to maximize total return through income and capital appreciation. The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in below investment-grade (high-yield) debt securities and preferred stocks. It may invest in high-yield securities of any rating, including securities where the issuer is in default or bankruptcy at the time of purchase. The fund invests in securities with a broad range of maturities, and its high-yield securities investments may be convertible into equity securities of the issuer.
| Total Return | 9.67% |
|---|---|
| Yield (Trailing 12 Mo.) | 4.89% |
| Expense Ratio | 1.01% |
| Front Load | None |
| Deferred Load | None |
| Minimum Investment | $0.00 |
| Management Tenure | 6 Years |
| Fund Inception | 01/20/2006 |
| Timeframe | IPHSX | S&P 500 | High Yield Bond |
|---|---|---|---|
| 1 Month | 1.54% | 1.93% | 1.71% |
| 3 Month | 3.88% | 7.18% | 3.15% |
| Year-to-Date | 7.19% | 12.74% | 4.55% |
| 1 Year | 14.51% | 16.89% | 12.81% |
| 3 Year | 10.44% | 12.80% | 9.81% |
| 5 Year | 11.43% | 5.21% | 8.94% |
| 10 Year | -- | 7.88% | 8.24% |
| Since Inception | 9.67% | 10.38% | -- |
| Basic Materials | 16.51% | |
|---|---|---|
| Consumer Cyclical | 7.35% | |
| Financial Services | 0.59% | |
| Real Estate | 12.08% | |
| Consumer Defensive | 0.86% | |
| Healthcare | 13.09% | |
| Utilities | 0.00% | |
| Communication Services | 1.71% | |
| Energy | 5.91% | |
| Industrials | 15.02% | |
| Technology | 26.88% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | -- | 9.84 | 9.84 | ||
| Bond | -- | 48.27 | 48.27 | ||
| Other | -- | 5.24 | 5.24 | ||
| Foreign Stock | -- | 1.34 | 1.34 | ||
| Foreign Bond | -- | 11.17 | 11.17 | ||
| Total | -- | 75.86 | 75.86 | ||
| Cash | -- | 4.57 | 4.57 | ||
| Total Net Assets | $117.50M |
|---|---|
| Total Stock Holdings | 43 |
| Total Bond Holdings | 252 |
| AAA | 0.00% | |
|---|---|---|
| AA | 0.00% | |
| A | 2.46% | |
| BBB | 3.98% |
| BB | 26.95% | |
|---|---|---|
| B | 45.23% | |
| Below B | 11.84% | |
| Not Rated | 9.54% |
| Company | YTD Return | % of Assets |
|---|---|---|
| FCE.A | 15.98% | 1.35% |
| Forest City Enterprises 6.5% | -- | 1.33% |
| Timberstar Tr 2006-1 CMO 7.5296% | -- | 0.86% |
| Ford Mtr Co Del Cv 4.25% | -- | 0.83% |
| Massey Engy Cv 3.25% | -- | 0.78% |
| Cobalt Intl Engy Cv 2.625% | -- | 0.77% |
| CU Cv 2.5% | -- | 0.76% |
| Surgical Care Affiliates 144A 8.875% | -- | 0.75% |
| LYB | 1.49% | 0.75% |
| Alliance One Intl 10% | -- | 0.73% |
| Valuation | IPHSX | Category Range |
|---|---|---|
| Price/Earnings | 14.58 | |
| Price/Book | 2.12 | |
| Price/Sales | 0.75 | |
| Price/Cash Flow | 9.04 | |
| Dividend Yield | 1.64 | |
| LT Earnings | 10.41 | |
| Historical Earnings | 9.44 | |
| Sales Growth | -3.29 | |
| Cash-Flow Growth | 11.54 | |
| Book-Value Growth | 6 |
| Rate Sensitivity | |||
|---|---|---|---|
| High | |||
| Mid | |||
| Low | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | High | |
| Return | Above Avg |
| Pretax Return | 10.44% |
|---|---|
| Tax-adjusted Return | 8.32% |
| Tax Cost Ratio | 1.91% |
| Potential Cap Gains | -7.55% |
