RiverSource High Yield Bond I 70100 Ameriprise Financial Center Minneapolis MN 55474 Map
Phone: 888-791-3380
| Category: | High Yield Bond | | Fund Family: | RiverSource | | Net Assets: | 67.02M | | Year-to-Date Return: | -1.31% | | Yield: | 8.33% | | Morningstar Rating: |  | | Fund Inception Date: | 04-Mar-04 |
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Scott Schroepfer
Lead Manager since
01-Mar-99 | | | Scott joined American Express Financial Corp. in 1990 and has been in the investment industry since 1987. In 1994, he was promoted to Associate Portfolio Manager and in 1995, Scott was promoted to Portfolio Manager. He is a member of the Twin Cities Society of Security Analysts. Scott holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks high current income; capital growth is secondary consideration. The fund normally invests at least 80% of net assets in high-yield debt instruments. These high-yield debt instruments include corporate debt securities as well as bank loans rated below investment-grade by a nationally recognized statistical rating organization, or if unrated, determined to be of comparable quality. It may invest up to 25% of assets in high-yield debt instruments of foreign issuers. |
| Last Dividend
(27-Aug-08):
| 0.02 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 64.00% | | Average for Category:
| 114.15% |
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| Expense | RSHIX | Category Avg | | Total Expense Ratio: | 0.67%
| 1.22% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.43% | | Max Deferred Sales Load: | 0.00%
| 2.70% | | 3 Yr Expense Projection*: |
$223 | $581 | | 5 Yr Expense Projection*: |
$394 | $888 | | 10 Yr Expense Projection*: |
$892 | $1,744 |
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