Global fund ranking service Morningstar has ranked the Falcon High Yield Defensive (FHYD) Fund amongst the best-performing funds in the US dollar high-yield funds category on a one-year, three-year, and five-year annualised return basis.
Only 10 funds out of the 441 in the dollar high-yield funds category have been awarded this highest rating.
Additionally, Lipper data show that the Fund outperformed all of the top five largest high-yield funds tracked by Lipper over that year.
The Pax World High Yield Fund, the only high-yield fund to screen for social and environmental responsibility, turned two years old on October 8, 2001.
Our strategy of using broken convertibles, emerging markets and Real Estate Investment Trusts (REITs) for added diversification and return potential makes us unique among high-yield funds
Recently, issuers have been encouraged to bring lower grade issues to the bond market, partly in response to record inflows of capital into funds as well as an increase in the number of high-yield funds
Of that, MLIM offers closed-end high-yield funds
with nearly $2.
With continued volatility in the equity markets and uncertainty in the corporate sector, municipal high-yield funds
witnessed an increase in fund flows in 2001, which has continued through June of this year.
While last year proved to be one of the worst years for the high-yield market, the Paydenfunds High Income Fund outperformed most high-yield funds
Durbiano has managed high-yield funds
since 1987 and has achieved strong industry rankings for consistent, long-term high-yield performance.
He also has managed high-yield funds
available exclusively to Japanese and Canadian investors.
Mountain View's fixed-income stable features domestic and foreign government bond funds, corporate investment-grade and high-yield funds
, tax-exempt investment-grade and high-yield funds
, in addition to various money market funds -- all backed by high-quality credit research.