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    Stone Harbor High Yield Bond Instl (SHHYX)

    8.67 Down 0.01(0.12%) May 26

    Profile as of Apr 29, 2015Get Profile for:
    Stone Harbor High Yield Bond Instl
    Stone Harbor Investment FundsOne International Place, C/O Ropes & Gray LLPBOSTON MA 02110
    Phone: 866-699-8125
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Stone Harbor
    Net Assets:289.16M
    Year-to-Date Return:3.63%
    Morningstar Rating:3 stars
    Fund Inception Date:Aug 16, 2007
    Morningstar Style Box 
    High Yield Bond
    [View Category Definition]
    View Top High Yield Bond Funds
    About the Morningstar Style Box
    Management Information 
    Peter J. Wilby
    Lead Manager since Aug 16, 2007
    Wilby, portfolio manager of the Emerging Markets Debt Fund, has served as chief investment officer of Stone Harbor since April 2006. Prior to April 2006, Mr. Wilby was the Chief Investment Officer of North American Fixed Income and senior portfolio manager responsible for directing investment policy and strategy for all emerging markets and high yield fixed income portfolios at Citigroup Asset Management Wilby holds the Chartered Financial Analyst designation.
    Investment Information 
    Min Initial Investment:1,000,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:250,000
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    SHHYX can be purchased from 8 brokerages.

    Fund Summary 
    The investment seeks to maximize total return, which consists of income and capital appreciation. The fund will normally invest at least 80% of its net assets in High Yield Debt Securities which include fixed income securities and derivative instruments rated below investment grade. The Adviser normally maintains an average portfolio duration of between 3 and 7 years. It may invest in securities of any duration and maturity.

    Fund Operations 
    Last Dividend (May 21, 2015) : 0.12
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 21, 2015) : 54.00%
    Average for Category:72.33%
    Fees & Expenses 
    ExpenseSHHYXCategory Avg
    Annual Report Expense Ratio (net):0.55%1.07%
    Prospectus Net Expense Ratio:0.62%N/A
    Prospectus Gross Expense Ratio:0.62%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.13%
    Max Deferred Sales Load: N/A2.09%
    3 Yr Expense Projection*:198514
    5 Yr Expense Projection*:346751
    10 Yr Expense Projection*:7741,519
    * Per $10,000 invested