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Saturday, December 19, 2009, 3:37AM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Managers High Yield Inst (MHHYX)On Dec 18: 7.43  Up 0.01 (0.13%)  
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Profile  As of 30-Nov-09Get Profile for:
Managers High Yield Inst
800 Connecticut Avenue Norwalk CT 06854
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Phone: 800-548-4539
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FUND OVERVIEW 
Category:High Yield Bond
Fund Family:Managers Funds
Net Assets:3.63M
Year-to-Date Return:49.30%
Yield:8.60%
Morningstar Rating:3 stars
Fund Inception Date:02-Mar-98
MORNINGSTAR STYLE BOX 
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION 
Robert Cook
Lead Manager since 26-Jul-04
Cook is a Managing Director of and lead portfolio manager for J.P. Morgan, since 2004. He is head of credit and lead portfolio manager for all high-yield assets. Prior to joining J.P. Morgan, he was co-head of the fixed income investment process at 40|86 Advisors, Inc. from 1994 to 2004.He was a portfolio manager with Northern Trust. He has been with the firm since 1986. Cook holds the Chartered Financial Analyst designation.
INVESTMENT INFORMATION 
Min Initial Investment:$2,500,000
Min Initial Investment, IRA:$50,000
Min Initial Investment, AIP:$0
Min Subsequent Investment:$1,000
Min Subsequent Investment, IRA:$1,000
Min Subsequent Investment, AIP:$0
MHHYX can be purchased from brokerages.
FUND SUMMARY 
The investment seeks high level of current income, with a secondary objective of capital appreciation. The fund normally invests at least 80% of total assets in below-investment grade bonds. Investments may include corporate debt and preferred stocks, convertibles, zero coupon bonds and mortgage- and asset-backed securities. It may invest the remaining assets in cash, money market instruments, U.S. government obligations, investment-grade debt, and various equity securities.
FUND OPERATIONS 
Last Dividend (24-Nov-09): 0.05
Last Cap Gain YFT_NOT_APPLICABLE_ABBREVIATION
Annual Holdings Turnover 41.00%
Average for Category: 90.06%
FEES & EXPENSES 
ExpenseMHHYXCategory
Avg
Total Expense Ratio:% 1.20%
Max 12b1 Fee:% N/A
Max Front End Sales Load:% 4.46%
Max Deferred Sales Load:% 2.73%
3 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$639
5 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$998
10 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$2,016
* Per $10,000 invested


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