The investment seeks high current income with the potential for long-term capital appreciation, while also seeking to protect principal during unfavorable market conditions. Under normal market conditions, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in income-producing debt and equity securities of foreign and domestic issuers, including the securities of foreign and domestic corporate and government entities.
Inception Date: 25/08/2014
Primary Benchmark: Not Benchmarked
Primary Index: Morningstar Mod Tgt Risk TR USD
Gross Expense Ratio: 0.95%
Management Expense Ratio: 1.00 %
|SJNK||SPDR Bloomberg Barclays Short Term High Yield Bond||17.41 %|
|HYG||iShares iBoxx $ High Yield Corporate Bond||16.22 %|
|VCIT||Vanguard Intermediate-Term Corporate Bond ETF||9.52 %|
|CLY||iShares 10 Year Credit Bond||5.22 %|
|HYEM||VanEck Vectors Emerging Markets High Yield Bond||5.16 %|
|JNJ||Johnson & Johnson||4.03 %|
|MPC||Marathon Petroleum Corporation||3.87 %|
|MSI||Motorola Solutions Inc.||3.10 %|
|STI||SunTrust Banks Inc.||2.71 %|
|Market Performance vs.
Industry/Classification (Allocation--15% to 30% Equity)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||4.31%||50%||F||93%||A|
|Risk Adjusted Return||25.72%||50%||F||31%||F|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.