Performance
Trailing returns
| 1 day |
| -0.15% | |||
| 1 week |
| -1.07% | |||
| 4 week | +1.72% |
| |||
| 3 month | +5.02% |
| |||
| YTD | +7.77% |
| |||
| 1 year | +16.57% |
| |||
| 3 years* | +10.34% |
| |||
| 5 years* | +6.17% |
| |||
| *annualized | |||||
| Best 3 month return | +31.46% | |
| Worst 3 month return | -33.44% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Below Average | Above Average |
 
|
| 5 years | Low | High |
|
| 10 years | Low | High |
|
| Overall | Low | High |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 676.00M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.82% | |
| Management fee | - | |
| Fund family | Northeast Investors |
Asset allocation
| Cash | 2.59% | |
| Stocks | 15.32% | |
| Bonds | 59.13% | |
| Preferred | 18.80% | |
| Convertible | 1.34% | |
| Other | 2.83% |
Purchase information
| Initial | US$1,000 | |
| Additional | US$0 | |
| IRA Initial | US$500 | |
| AIP Initial | US$1,000 | |
| AIP Additional | US$50 |
6.480.00(0.00%)
May 24, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks the production of income. The fund invests primarily in marketable securities of established companies which the Trustees believe provide reasonable income and which, where consistent with this objective, may have potential for capital appreciation. It emphasizes debt securities which are rated as lower than investment-grade by either of the two principal rating services or unrated securities having similar characteristics.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Ernest Monrad (Started: )
Bruce Monrad (Started: Jan 1, 1993)
Ernest Monrad (Started: )
Bruce Monrad (Started: Jan 1, 1993)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 17.27 | 14.07 | 4.37 | 4.95 | |
| Beta* | -0.99 | -1.08 | 0.48 | 0.22 | |
| Mean annual return | 1.16 | 0.70 | 0.60 | 0.61 | |
| R-squared* | 23.11 | 11.80 | 1.10 | 0.44 | |
| Standard deviation | 4.02 | 7.62 | 16.11 | 11.78 | |
| Sharpe ratio | 3.42 | 1.09 | 0.43 | 0.48 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Citigroup Inc (C) | 8.77% | |
| Wells Fargo & Co. Pfd, 7.98% | 6.35% | |
| Bank Of America Corp. Pfd, 8% | 5.56% | |
| Nortel Networks Lt 10.75% | 4.61% | |
| Pilgrims Pride Corp New 7.875% | 3.67% | |
| Pitney Bowes International Holdings Pfd, 6.125% | 3.46% | |
| Swift Engy 7.125% | 3.44% | |
| Comstock Res 8.375% | 3.18% | |
| Williams Clayton Engy 7.75% | 3.02% | |
| Homer City Fdg 8.137% | 3.01% |