| | | Morningstar Overall Rating: | N/A | | Total Assets: | 16.33M | | Category: | Bear Market | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | -13.53% | | 5y Avg Return: | N/A | | Rank in Category (ytd): | 19 | | % Rank in Category (ytd): | 18.1% | | Beta (3y): | 4.57 | | Morningstar Risk Rating: | |
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| The investment seeks to profit from a decline in the value of lower-quality debt instruments. The fund invests at least 80% of net assets (plus any borrowing for investment purposes) in high yield debt instruments, commonly referred to as ?junk bonds,? or derivatives of such instruments. Debt instruments include corporate debt securities, convertible securities, zero-coupon securities and restricted securities. It may invest up to 15% of assets in instruments generally rated below Caa by Moody's or CCC by S&P or derivatives of such instruments. The fund is nondiversified. | | | Fund Profile |
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