Performance
Trailing returns
| 1 day |
| -0.32% | |||
| 1 week |
| -0.14% | |||
| 4 week | +0.93% |
| |||
| 3 month | +3.27% |
| |||
| YTD | +5.35% |
| |||
| 1 year | +14.81% |
| |||
| 3 years* | +12.24% |
| |||
| 5 years* | +10.17% |
| |||
| *annualised | |||||
| Best 3-month return | +18.73% | |
| Worst 3-month return | -26.37% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | High | Below Average |
|
| 5 years | Above Average | Average |
|
| 10 years | Above Average | Average |
|
| Overall | Above Average | Average |
|
Key statistics
| Total assets | 177.30M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.96% | |
| Management fee | - | |
| Fund family | CNI Charter |
Asset allocation
| Cash | 4.12% | |
| Stocks | 0.00% | |
| Bonds | 95.65% | |
| Convertible | 0.04% | |
| Other | 0.20% |
Purchase information
| Initial | $0 |
8.950.00(0.00%)
May 24, 4:00pm GMT-4
Overall Morningstar RatingTM
Description
The investment seeks to maximize total return by investing primarily in fixed income securities rated below investment grade (i.e., "junk bonds"). The fund invests at least 80% of its net assets in fixed income securities rated below investment grade. It invests in corporate bonds and debentures, convertible securities, preferred securities, zero coupon obligations and debt securities that are issued by U.S. and foreign governments. The average maturity of the fund's investments varies, and there is no limit on the maturity or on the credit quality of any security held by the fund.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Kevin Gundersen (Started: Nov 30, 2011)
Jeffrey Abrams (Started: Nov 30, 2011)
Kevin Gundersen (Started: Nov 30, 2011)
Jeffrey Abrams (Started: Nov 30, 2011)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 14.17 | 12.69 | 5.92 | 5.38 | |
| Beta* | -0.48 | -0.39 | 0.80 | 0.52 | |
| Mean annual return | 1.05 | 0.89 | 0.88 | 0.73 | |
| R-squared* | 13.24 | 2.70 | 5.69 | 4.23 | |
| Standard deviation | 2.60 | 5.75 | 11.97 | 9.03 | |
| Sharpe ratio | 4.78 | 1.85 | 0.85 | 0.78 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| First Data 144A 8.75% | 1.56% | |
| Thermadyne Hldgs Corp New 9% | 1.53% | |
| Nuveen Invts 144A 9.125% | 1.28% | |
| Exterran Hldgs 7.25% | 1.26% | |
| Armored Autogroup 9.25% | 1.18% | |
| Breitburn Engy Partners 144A 8% | 1.14% | |
| Ims Health 144A 6% | 1.11% | |
| Dufry Fin Sca 144A 5.5% | 1.10% | |
| Reynolds Grp Issuer 6.875% | 1.09% | |
| Burlington Coat Factory 10% | 1.07% |