Skip to search.

Breaking News Visit Yahoo! News for the latest.

×Close this window

 Dow Up0.91% Nasdaq Up0.87%

AMF Intermediate Mortgage (ASCPX)

4.39 Down 0.01(0.23%) Jun 18


Profile as of Mar 30, 2013Get Profile for:
AMF Intermediate Mortgage
AMF (Asset Management Fund)230 W Monroe StreetChicago, IL 60606
Map
Phone: 800-247-9780
Fund Overview 
Category:Short-Term Bond
Fund Family:AMF
Net Assets:24.82M
Year-to-Date Return:-0.67%
Yield:2.03%
Morningstar Rating:1 stars
Fund Inception Date:Nov 30, 1986
Morningstar Style Box 
Short-Term Bond
[View Category Definition]
View Top Short-Term Bond Funds
About the Morningstar Style Box

Style box information not available for ASCPX.

Management Information 
Sean Kelleher
Lead Manager since Aug 10, 2009
Kelleher is a vice president and portfolio manager with Alliance Capital Management. He joined the firm in 1999 as a member of the high grade and mortgage fixed income group. Previously, he was a dealer in agency passthroughs and managed the MBS swaps desk for Deutsche Bank Securities. Prior to that, he managed the agency passthrough trading desk at Norura Securities International and traded CMO's and passthroughs at Merrill Lynch. He also worked in fixed income research for Merrill Lynch.
Investment Information 
Min Initial Investment:10,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:0
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
ASCPX can be purchased from 40 brokerages.

Fund Summary 
The investment seeks to achieve as high a level of current income as is consistent with the preservation of capital, the maintenance of liquidity and the differing average maturity of investments held by the fund. The fund normally invests at least 80% of its net assets in mortgage investments and mortgage- related instruments. It invests primarily in mortgage-related investments paying fixed or variable rates of interest. The fund may also invest in mortgage-related investment s of non-governmental or private issuers. It seeks to maintain a minimum duration of a 2-Year U.S. Treasury Note, and a maximum duration of a 4-Year U.S. Treasury Note.

Fund Operations 
Last Dividend (May 30, 2013) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Jun 6, 2013) : 72.00%
Average for Category:166.66%
Fees & Expenses 
ExpenseASCPXCategory Avg
Annual Report Expense Ratio (net):0.75%0.83%
Prospectus Net Expense Ratio:0.75%N/A
Prospectus Gross Expense Ratio:0.89%N/A
Max 12b1 Fee:0.15%N/A
Max Front End Sales Load:N/A2.45%
Max Deferred Sales Load: N/A1.93%
3 Yr Expense Projection*:240358
5 Yr Expense Projection*:417561
10 Yr Expense Projection*:9301,170
* Per $10,000 invested