Accessor High Yield Bond Adv
1420 Fifth Avenue Suite 3600 Seattle WA 98101
Map
Phone: 800-759-3504
| Category: | High Yield Bond | | Fund Family: | Accessor | | Net Assets: | 66.48M | | Year-to-Date Return: | -2.05% | | Yield: | 7.88% | | Morningstar Rating: |  | | Fund Inception Date: | 01-May-00 |
|
Steven S. Michaels
Lead Manager since
21-May-00 | | | Michaels has been directly responsible for the day-to-daymanagement of the Fund since May 1, 2000. He is the executive vice president and managing director with Financial Management Advisors, with 17 years of industry experience and has served as a member of the professional investment staff at FMA for 14 years. He joined FMA in 1991, and later worked as a senior high yield credit analyst at Schroder Wertheim Investment Services from 1992 until 1995 upon their acquisition of FMA. |
| Min Initial Investment: | $5,000 | | Min Initial Investment, IRA: | $2,000 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
|
| |
| The investment seeks high current income. The fund invests in debt securities, which include corporate bonds. It invests at least 80% of assets in lower-rated, high-yield corporate bonds. The fund normally invests in securities that are rated lower than BBB- and higher than CC+ by Standard & Poor's Corporation or lower than Baa3 and higher than Ca by Moody's Investors Services, Inc., or unrated securities judged to be of comparable quality by the management. The management attempts to exceed the performance of the Lehman Brothers U.S. Corporate High Yield index. |
| Last Dividend
(28-Jul-08):
| 0.07 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 86.00% | | Average for Category:
| 114.55% |
|
| Expense | AHBAX | Category
Avg | | Total Expense Ratio: | 0.91%
| 1.22% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.39% | | Max Deferred Sales Load: | 0.00%
| 2.71% | | 3 Yr Expense Projection*: |
$290 | $579 | | 5 Yr Expense Projection*: |
$504 | $887 | | 10 Yr Expense Projection*: |
$1,120 | $1,741 |
|
|
1.47% Nasdaq 
0.01 (0.10%) 
Profile
