| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|---|---|---|
| 8.16 | 0.01 (+0.12%) | 7.81 - 8.41 | 0.0 |
Market data as of 6:05PM 06/18/13. Quotes are delayed by at least 15 min.
The investment seeks a high level of current income by investing primarily in a diversified portfolio of debt securities which are rated below investment grade or unrated; capital appreciation is a secondary objective. The fund normally invests at least 80% of assets in bonds, other debt securities, loan assignments and participations (Loans), commitments to purchase loan assignments (Unfunded Commitments) and preferred stock that is rated below investment grade or unrated. It may invest no more than 30% of net assets in Loans and Unfunded Commitments. The fund's average weighted maturity ordinarily will range between three and ten years.
| Total Return | 7.15% |
|---|---|
| Yield (Trailing 12 Mo.) | 6.10% |
| Expense Ratio | 1.35% |
| Front Load | 3.75% |
| Deferred Load | None |
| Minimum Investment | $1,000 |
| Management Tenure | 15 Years |
| Fund Inception | 11/13/1998 |
| Timeframe | OHYAX | S&P 500 | High Yield Bond |
|---|---|---|---|
| 1 Month | -0.61% | 2.34% | -0.51% |
| 3 Month | 2.38% | 8.22% | 2.20% |
| Year-to-Date | 4.25% | 15.37% | 4.03% |
| 1 Year | 14.19% | 27.28% | 13.96% |
| 3 Year | 10.79% | 16.87% | 10.93% |
| 5 Year | 9.80% | 5.43% | 8.74% |
| 10 Year | 8.86% | 7.58% | 8.04% |
| Since Inception | 7.15% | 10.42% | -- |
| Basic Materials | 9.17% | |
|---|---|---|
| Consumer Cyclical | 31.22% | |
| Financial Services | 12.44% | |
| Real Estate | 0.00% | |
| Consumer Defensive | 0.00% | |
| Healthcare | 0.00% | |
| Utilities | 41.90% | |
| Communication Services | 0.00% | |
| Energy | 0.00% | |
| Industrials | 0.05% | |
| Technology | 5.22% |
| By Percent | Short | 0% | Long | Net | |
|---|---|---|---|---|---|
| Stock | -- | 0.75 | 0.75 | ||
| Bond | -- | 71.77 | 71.77 | ||
| Other | -- | 8.62 | 8.62 | ||
| Foreign Stock | -- | 0.00 | 0.00 | ||
| Foreign Bond | -- | 14.10 | 14.10 | ||
| Total | -- | 95.24 | 95.24 | ||
| Cash | -- | 3.00 | 3.00 | ||
| Total Net Assets | $11.31B |
|---|---|
| Total Stock Holdings | 10 |
| Total Bond Holdings | 829 |
| AAA | 0.00% | |
|---|---|---|
| AA | 0.00% | |
| A | 0.00% | |
| BBB | 3.46% |
| BB | 30.33% | |
|---|---|---|
| B | 47.56% | |
| Below B | 16.30% | |
| Not Rated | 2.35% |
| Company | YTD Return | % of Assets |
|---|---|---|
| Gmac 8% | -- | 0.84% |
| Liberty Mut Grp 144A FRN | -- | 0.78% |
| Sprint Nextel 7% | -- | 0.72% |
| Engy Future Inter Hldg Co Ll 10% | -- | 0.71% |
| Caesars Entertainment Operating Co., Inc., Extended B-6 Term Loan | -- | 0.57% |
| Clear Channel Communications, Inc., Term Loan B | -- | 0.50% |
| Cemex Espana S A Luxembourg 144A 9.875% | -- | 0.50% |
| Wachovia Cap Tr Iii FRN | -- | 0.50% |
| Amer Intl Grp FRN | -- | 0.49% |
| Calpine 144A 7.5% | -- | 0.47% |
| Valuation | OHYAX | Category Range |
|---|---|---|
| Price/Earnings | -- | |
| Price/Book | -- | |
| Price/Sales | 0.62 | |
| Price/Cash Flow | -- | |
| Dividend Yield | 0 | |
| LT Earnings | 18.69 | |
| Historical Earnings | ||
| Sales Growth | 9.78 | |
| Cash-Flow Growth | 26.07 | |
| Book-Value Growth | 7.73 |
| Rate Sensitivity | |||
|---|---|---|---|
| High | |||
| Mid | |||
| Low | |||
 |  |  |
| Rating | vs Category | |
|---|---|---|
| Overall |  | |
| Risk | Avg | |
| Return | Below Avg |
| Pretax Return | 10.79% |
|---|---|
| Tax-adjusted Return | 6.47% |
| Tax Cost Ratio | 2.67% |
| Potential Cap Gains | 7.08% |
