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Amg Managers High Yield I: (MF: MHHYX)

(MF) As of Sep 15, 2017 06:06 PM ET

$7.88 USD

0.00 (NA)

Zacks MF Rank

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Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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NA

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Fund Description

Incepted in January 1998, the fund is managed by The Managers Funds LLC. The fund?s objective is to achieve a high level of current income, with a secondary objective of capital appreciation. The fund seeks to achieve its investment objective by investing in a portfolio of below-investment grade bonds (those rated Ba1/BB+ or lower by Moody?s/Standard & Poor?s). Under normal circumstances, the fund invests at least 80% of its assets in below-investment grade bonds. The fund distributes dividends monthly and capital gains annually.