Performance
Trailing returns
| 1 day | +0.13% |
| |||
| 1 week |
| -0.26% | |||
| 4 week |
| -1.89% | |||
| 3 month | +0.20% |
| |||
| YTD | +3.31% |
| |||
| 1 year | +12.09% |
| |||
| 3 years* | +10.98% |
| |||
| 5 years* | +9.60% |
| |||
| *annualized | |||||
| Best 3 month return | +18.64% | |
| Worst 3 month return | -26.42% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Above Average | Below Average |
 
|
| 5 years | Above Average | Average |
|
| 10 years | Average | Average |
|
| Overall | Above Average | Average |
|
Key statistics
| Total assets | 180.90M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.21% | |
| Management fee | - | |
| Fund family | CNI Charter |
Asset allocation
| Cash | 2.28% | |
| Stocks | 0.00% | |
| Bonds | 97.49% | |
| Convertible | 0.03% | |
| Other | 0.19% |
Purchase information
| Initial | US$0 |
8.760.00(0.00%)
Jun 18, 4:00PM EDT
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* | 12.35 | 11.54 | 5.73 | 5.18 | |
| Beta* | 0.39 | -0.10 | 0.79 | 0.53 | |
| Mean annual return | 1.07 | 0.93 | 0.84 | 0.70 | |
| R-squared* | 23.76 | 0.24 | 5.80 | 4.50 | |
| Standard deviation | 2.20 | 5.45 | 11.99 | 9.04 | |
| Sharpe ratio | 5.77 | 2.04 | 0.82 | 0.74 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| First Data 144A 8.75% | 1.43% | |
| Thermadyne Hldgs Corp New 9% | 1.39% | |
| Grd Hldg Iii 144A 10.75% | 1.34% | |
| Amerigas Fin Corp / 7% | 1.22% | |
| Nuveen Invts 144A 9.125% | 1.20% | |
| Mdc Partners 144A 6.75% | 1.19% | |
| Exterran Hldgs 7.25% | 1.14% | |
| Reynolds Grp Issuer 6.875% | 1.11% | |
| Armored Autogroup 9.25% | 1.10% | |
| Us Foodservice 144A 8.5% | 1.09% |