The Arbitrage Credit Opportunities Fund

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Performance

The fund has returned 5.51 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.4%
1 Year 5.5%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide current income and capital growth. The fund invests primarily in a portfolio of debt securities including corporate bonds and debentures (including high yield-bonds commonly known as "junk bonds"), bank loans, convertible and preferred securities that the fund's investment adviser believes have debt-like characteristics, credit default swaps and other debt instruments and derivatives that the fund's investment adviser believes have debt-like characteristics. It invests in both domestic and foreign debt securities.