Fund Description
The investment seeks high current income with a secondary goal of capital appreciation. The Sub-Advisor seeks to achieve the fund's investment objective by selecting a focused portfolio of high-yield debt securities (commonly referred to as "junk bonds"), which include senior and subordinated corporate debt obligations (such as bonds, debentures, notes and commercial paper). The fund does not have any portfolio maturity limitation and may invest its assets in instruments with short-term, medium-term or long-term maturities.
Fund Snapshot Updated 05.17.2013
| Previous Close | $52.33 | Expense Ratio | 1.35% |
| YTD Return | 7.3% | Avg. 30-Day Volume | 92,379 |
| 1-Year Return | 15.3% | Market Cap | Loading... |
| Bid | $52.43 | Shares Outstanding | 5,050,000 |
| Ask | $52.46 | Dividends | $4.18 |
| Top 10 Holdings | |
|---|---|
| Ducommun Inc Del (—) | 1.66% |
| Harland Clarke Hldgs Corp (—) | 1.65% |
| Phi Inc (—) | 1.64% |
| Air Cda Inc (—) | 1.64% |
| Alere Inc (—) | 1.64% |
| Chiquita Brands Intl Inc (—) | 1.63% |
| Sitel Llc / Sitel Fin Corp (—) | 1.63% |
| Energysolutions Inc/Energysolu (—) | 1.63% |
| Phibro Animal Health Corp (—) | 1.63% |
| Radnet Inc (—) | 1.63% |
| % of Total Holdings | 16.40% |
