| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 8.83 | 0.01 (+0.11%) | 7.87 - 8.86 | 0.0 |
Market data as of 6:25PM 05/17/13. Quotes are delayed by at least 15 min.
The investment seeks to obtain high current income with capital appreciation as a secondary objective. The fund normally invests a minimum of 80% of net assets in high yield-high risk corporate fixed income securities (fixed or floating rate securities), which may include zero-coupon bonds, convertible securities, preferred stock, pay-in-kind bonds as well as "toggle bonds" and Rule 144A fixed income securities that are subject to resale restrictions. It may invest up to 20% of total assets in non-corporate fixed income securities and equity securities, including convertible preferred stock, common stock, and warrants.
| Total Return | 6.88% |
|---|---|
| Yield (Trailing 12 Mo.) | 5.28% |
| Expense Ratio | 1.10% |
| Front Load | None |
| Deferred Load | None |
| Minimum Investment | $0.00 |
| Management Tenure | 4 Years |
| Fund Inception | 05/21/2003 |
| Timeframe | MXHYX | S&P 500 | High Yield Bond |
|---|---|---|---|
| 1 Month | 1.86% | 1.93% | 1.71% |
| 3 Month | 3.54% | 7.18% | 3.15% |
| Year-to-Date | 5.02% | 12.74% | 4.55% |
| 1 Year | 13.54% | 16.89% | 12.81% |
| 3 Year | 9.78% | 12.80% | 9.81% |
| 5 Year | 7.61% | 5.21% | 8.94% |
| 10 Year | -- | 7.88% | 8.24% |
| Since Inception | 6.88% | 10.38% | -- |
| Basic Materials | 30.31% | |
|---|---|---|
| Consumer Cyclical | 7.66% | |
| Financial Services | 4.07% | |
| Real Estate | 2.97% | |
| Consumer Defensive | 0.13% | |
| Healthcare | 0.00% | |
| Utilities | 5.98% | |
| Communication Services | 10.71% | |
| Energy | 30.37% | |
| Industrials | 7.81% | |
| Technology | 0.00% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | -- | 1.19 | 1.19 | ||
| Bond | -- | 65.48 | 65.48 | ||
| Other | -- | 4.39 | 4.39 | ||
| Foreign Stock | -- | 0.06 | 0.06 | ||
| Foreign Bond | -- | 12.06 | 12.06 | ||
| Total | -- | 83.18 | 83.18 | ||
| Cash | -- | 14.99 | 14.99 | ||
| Total Net Assets | $235.93M |
|---|---|
| Total Stock Holdings | 24 |
| Total Bond Holdings | 605 |
| AAA | 9.35% | |
|---|---|---|
| AA | 0.00% | |
| A | 0.00% | |
| BBB | 2.43% |
| BB | 20.05% | |
|---|---|---|
| B | 40.18% | |
| Below B | 19.41% | |
| Not Rated | 8.58% |
| Company | YTD Return | % of Assets |
|---|---|---|
| Intl Bk For Recon &Dev Disc | -- | 2.43% |
| Intelsat Bermuda 11.5% | -- | 1.03% |
| Hca 6.5% | -- | 0.57% |
| Springleaf Fin 6.9% | -- | 0.50% |
| Corporate Term Loan | -- | 0.46% |
| Convatec Healthcare E.S.A. 144A 10.5% | -- | 0.43% |
| Reynolds Grp Issuer 9.875% | -- | 0.43% |
| Mtr Gaming Grp 11.5% | -- | 0.43% |
| Corporate Term Loan | -- | 0.41% |
| Iasis Cap Llc / Iasis Cap 8.375% | -- | 0.40% |
| Valuation | MXHYX | Category Range |
|---|---|---|
| Price/Earnings | 15.90 | |
| Price/Book | 1.53 | |
| Price/Sales | 0.73 | |
| Price/Cash Flow | 5.66 | |
| Dividend Yield | 0.58 | |
| LT Earnings | 9.07 | |
| Historical Earnings | ||
| Sales Growth | 7.24 | |
| Cash-Flow Growth | -0.34 | |
| Book-Value Growth | 0.71 |
| Rate Sensitivity | |||
|---|---|---|---|
| High | |||
| Mid | |||
| Low | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | Above Avg | |
| Return | Avg |
| Pretax Return | 9.78% |
|---|---|
| Tax-adjusted Return | 7.35% |
| Tax Cost Ratio | 2.22% |
| Potential Cap Gains | -2.77% |
