Managers High Yield Inst 800 Connecticut Avenue Norwalk CT 06854 Map
Phone: 800-548-4539
| Category: | High Yield Bond | | Fund Family: | Managers Funds | | Net Assets: | 3.63M | | Year-to-Date Return: | 49.30% | | Yield: | 8.60% | | Morningstar Rating: |  | | Fund Inception Date: | 02-Mar-98 |
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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. |
| 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 |
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| 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. |
| Last Dividend
(24-Nov-09):
| 0.05 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| 41.00% | | Average for Category:
| 90.06% |
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| Expense | MHHYX | Category 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 |
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