|1295 State St , Springfield, MA 01111|
|Fund Manager||Sean Feeley|
|Manager Tenure||10 Years 9 Months|
This Fund seeks to achieve a high level of total return, with an emphasis on current income, by investing primarily in high yield debt and related securities. The Fund invests primarily in lower rated U.S. debt securities (â€œjunkâ€ or â€œhigh yieldâ€ bonds), including securities in default. Debt securities may include, for example, corporate bonds, mortgage-backed and asset-backed securities, and obligations of the U.S. Government or its agencies or instrumentalities. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in lower rated fixed income securities (rated below Baa3 by Moodyâ€™s, below BBB- by Standard & Poorâ€™s or the equivalent by any NRSRO (using the lower rating) or, if unrated, determined to be of below investment grade quality by the Fundâ€™s subadviser, Barings LLC (â€œBaringsâ€)).
|Asset Type||% Of Allocation|
|Total Net Assets||25.66 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 08/31/2021||Average Annual Current Performance Quarterly As Of 05/31/2021||Avg Annual Current Performance Monthly As Of 08/31/2021||Avg Annual Current Performance Quarterly As Of 05/31/2021|
|Life Of Fund||
Join the Action Alerts PLUS Community today!
'Our fundamental thesis remains unchanged, and we see the sell-off as an opportunity to buy the dip,' said JPMorgan strategist Kolanovic.
Shell has signed an agreement to sell its Permian basin assets to ConocoPhillips for $9.5 billion cash.
Drug makers gain on accelerated FDA approval for a cervical cancer treatment.
'For years we’ve said people are ignoring that the concessions expiring next year [in Macao for casinos such as Wynn] are at risk,' Chanos said.
But ‘Rev Shark’ cautions against the very high risk in such plays
Jim Cramer discusses China's property developer Evergrande and other catalysts to Monday's selloff.
Goldman Sachs likes Taiwan Semi for its strength in the three-nanometer processor market. It also selects United Microelectronics and ACM Research.
Palantir stock had a good run and now is getting whacked. Let's look at where bulls may consider buying the dip.