First Investors for Income A 110 Wall Street New York NY 10005 Map
Phone: 800-423-4026
| Category: | High Yield Bond | | Fund Family: | First Investors | | Net Assets: | 461.05M | | Year-to-Date Return: | 1.06% | | Yield: | 7.96% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Dec-70 |
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Dennis V. Dowden
Lead Manager since
24-Apr-09 | | | Dennis is a portfolio manager in Muzinich. He was formerly with ABN AMRO Inc. as Director of high yield research(1999-2001). Prior to that, Dennis was with Prudential Securities, Inc. as a First Vice President and High Yield Energy and Industrial analyst. He began his career with Standard & Poor?s Corp. in New York City. Dennis holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $1,000 | | Min Subsequent Investment: | NaN | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks high current income. The fund primarily invests in high yield, below investment grade corporate bonds. Although the fund considers ratings assigned by ratings agencies in selecting high yield bonds, it relies principally on its own research and investment analysis. The fund may sell a bond when it shows deteriorating fundamentals or it falls short of the portfolio manager?s expectations. It may also decide to continue to hold a bond (or related securities) after a default. |
| Last Dividend
(29-Jan-10):
| 0.02 | | Last Cap Gain
(2-Dec-91):
| 0.05 | | Annual Holdings Turnover
| 73.00% | | Average for Category:
| 95.38% |
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| Expense | FIFIX | Category Avg | | Total Expense Ratio: | 1.27%
| 1.21% | | Max 12b1 Fee: | 0.30%
| N/A | | Max Front End Sales Load: | 5.75%
| 4.46% | | Max Deferred Sales Load: | %
| 2.70% | | 3 Yr Expense Projection*: |
$ 961 | $639 | | 5 Yr Expense Projection*: |
$ 1,244 | $1,001 | | 10 Yr Expense Projection*: |
$ 2,050 | $2,022 |
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