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|
| Morningstar Overall Rating: |
 |
| Total Assets: |
87.16M |
| Category: |
High Yield Bond |
| Total Expense Ratio: |
1.08% |
|
| PERFORMANCE & RISK | 31-Dec-07
| YTD Return: |
4.15% |
| 5y Avg Return: |
11.24% |
| Rank in Category (ytd): |
43 |
| % Rank in Category (ytd): |
7.93% |
| Beta (3y): |
0.07 |
| Morningstar Risk Rating: |
Above average |
|
| The investment seeks to maximize total return, principally through a high level of current income, and secondarily through capital appreciation. The fund normally invests at least 80% of net assets in a diversified portfolio of high income producing instruments of issuers located throughout the world, including in emerging-market countries. It invests at least 60% of net assets in U.S. dollar-denominated securities. The fund invests in fixed-income securities, bank loans, debt instruments convertible into common stock, preferred stock, income trusts, structured notes and swaps. |
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| Fund Profile |
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