Liberty Street Horizon Spin-off and Corporate Restructuring Fund

Scorecard
2 / 5 Stars
Lipper
4 4 2 2 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
B- (Buy)

#45 in Mid-Cap Growth

U.S. News evaluated 223 Mid-Cap Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Liberty Street funds

See full Mid-Cap Growth rankings

See more fund rankings

Performance

The fund has returned 32.92 percent over the past year, 15.38 percent over the past three years, and 23.62 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 2.6%
1 Year 32.9%
3 Years (Annualized) 15.4%
5 Years (Annualized) 23.6%
10 Years (Annualized) N/A

See more LSHAX performance

Summary

The investment seeks to achieve long-term growth of capital. Under normal market conditions, the fund will pursue its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, and parents of any such companies. It may invest in any size company, including small- and medium-sized companies, and further may invest in companies which are financially distressed. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Liberty Street Horizon Spin-off and Corporate Restructuring Fund has an expense ratio of 1.50 percent.

See more LSHAX fees

Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

See more LSHAX risk