ASTON/DoubleLine Core Plus Fxd Inc I
Aston Funds120 N. LaSalle Street, 25th FloorChicago IL 60602
Map
Phone: 800-992-8151
| Category: | Intermediate-Term Bond | | Fund Family: | Aston | | Net Assets: | 212.35M | | Year-to-Date Return: | 0.41% | | Yield: | 3.34% | | Morningstar Rating: | N/A | | Fund Inception Date: | Jul 17, 2011 |
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Jeffrey Gundlach
Lead Manager since Jul 17, 2011 | | | Mr. Gundlach is the co-founder, Chief Executive Officer and Chief Investment Officer of DoubleLine. He was formerly associated with TCW where he was Chief Investment Officer and head of fixed income activities. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics. |
| Min Initial Investment: | 100,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | 50 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks to maximize total return.
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in fixed income securities. It may invest without limit in below investment grade securities (commonly known as "junk bonds"). The subadviser allocates below investment grade securities broadly by industry and issuer in an attempt to reduce the impact of negative events on an industry or issuer. Under normal circumstances, the subadviser seeks to maintain an investment portfolio with a weighted average effective duration of no less than two years and no more than eight years. |
| Last Dividend
(Apr 29, 2013)
:
| 0.03 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 118.67% | | Average for Category: | 167.72% |
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| Expense | ADLIX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 0.69% | 0.89% | | Prospectus Net Expense Ratio: | 0.70% | N/A | | Prospectus Gross Expense Ratio: | 1.11% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 4.08% | | Max Deferred Sales Load:
| N/A | 2.32% | | 3 Yr Expense Projection*: | 312 | 430 | | 5 Yr Expense Projection*: | 572 | 664 | | 10 Yr Expense Projection*: | 1,315 | 1,321 |
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0.01(0.09%) May 21