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    Northeast Investors (NTHEX)

    5.55 Down 0.01(0.18%) Jan 27

    Profile as of Dec 30, 2014Get Profile for:
    Northeast Investors
    NORTHEAST INVESTORS TRUST125 HIGH STREET, SUITE 1802BOSTON MA 02110
    Map
    Phone: 800-225-6704
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Northeast Investors
    Net Assets:425.95M
    Year-to-Date Return:-5.36%
    Yield:8.65%
    Morningstar Rating:2 stars
    Fund Inception Date:1950-08-01
    Morningstar Style Box 
    High Yield Bond
    [View Category Definition]
    View Top High Yield Bond Funds
    About the Morningstar Style Box
    Management Information 
    Ernest E. Monrad
    Lead Manager since 1960-06-01
    Monrad became a trustee of Northeast Investors in 1960 and chair of the trustees nine years later. He also serves as director, vice president and clerk of Furman Lumber. Monrad is a member and former director of the Boston Security Analysts Society and a member of the Massachusetts Bar Association. He is director and chair of the executive committee of Boston Five Cents Savings Bank, trustee of Century Shares Trust and trustee of Simmons College.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:500
    Min Initial Investment, AIP:1,000
    Min Subsequent Investment:0
    Min Subsequent Investment, IRA:0
    Min Subsequent Investment, AIP:50
    NTHEX can be purchased from 68 brokerages.

    Fund Summary 
    The investment seeks the production of income. The fund invests primarily in marketable securities of established companies which the Trustees believe provide reasonable income and which, where consistent with the objective, may have potential for capital appreciation. It emphasizes high yield corporate bonds which are rated as lower than investment grade by either of the two principal rating services or unrated securities having similar characteristics.

    Fund Operations 
    Last Dividend (Nov 24, 2014) : 0.14
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jan 25, 2015) : 29.34%
    Average for Category:68.46%
    Fees & Expenses 
    ExpenseNTHEXCategory Avg
    Annual Report Expense Ratio (net):0.88%1.06%
    Prospectus Net Expense Ratio:0.93%N/A
    Prospectus Gross Expense Ratio:0.96%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.14%
    Max Deferred Sales Load: N/A2.13%
    3 Yr Expense Projection*:306532
    5 Yr Expense Projection*:531836
    10 Yr Expense Projection*:1,1781,719
    * Per $10,000 invested