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Lipper
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Zacks Investment Research
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 0.90 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.8% |
| 1 Year | 0.9% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to provide shareholders with above-average total returns over a complete market cycle primarily through capital appreciation and income generation. The fund seeks to achieve its investment objective under normal market conditions by allocating assets among proprietary technically-based trend following strategies. It primarily takes long and short positions with respect to securities that are highly correlated to high yield corporate bonds (also known as "junk bonds") based on long, intermediate, and short term trends. The fund is non-diversified.
Fees
Fees are Low compared to funds in the same category.
Highland Alternative Income Fund has an expense ratio of 1.94 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
