What is the Bond Debenture Fund ?

The Fund seeks to deliver high current income and long-term growth of capital by investing primarily in a variety of fixed income securities and select equity-related securities.

Investing Across Sectors to Seek Income

Through a disciplined process that seeks to identify attractive securities across multiple sectors of the market, the Fund has historically generated attractive income with less volatility than a pure high-yield bond portfolio.

Using Flexibility to Capture Opportunity

The Fund’s diversified, multi-sector strategy focuses on high-yield while also investing in investment grade and convertible securities, and has the flexibility to adjust allocations to capture opportunity across all fixed-income markets.

Leveraging Research to Enhance Returns

With experienced portfolio management informed by our collective research insights across the capital structure, the Fund has delivered strong performance and growth of capital relative to its benchmark.

Yield

Dividend Yield 1 as of 02/26/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 4.46%
w/ sales charge - 4.36%

30-Day Standardized Yield 2 as of 01/31/2015  

 
4.36%

Fund Basicsas of 01/30/2015

Total Net Assets
$9.18 B
Inception Date
04/01/1971
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
726

Expense Ratioas of 01/31/2015

Fund Expense Ratio :

0.81%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/01/1971
w/o sales charge 1.01% 5.01% 7.56% 8.56% 6.80% 8.72%
Lipper Category Avg. Multi-Sector Income Funds 0.57% 3.22% 4.72% 5.82% 5.26% -
Blended Index 0.68% 4.16% 7.92% 8.54% 7.16% -
w/ sales charge -1.23% 2.62% 6.75% 8.06% 6.55% 8.66%

Fund Expense Ratio :

0.81%

Fund Expense Ratio :

0.81%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/01/1971
w/o sales charge 4.51% 4.51% 8.44% 8.39% 6.62% 8.71%
Lipper Category Avg. Multi-Sector Income Funds 3.04% 3.04% 5.36% 5.94% 5.20% -
Blended Index 4.58% 4.58% 8.76% 8.59% 7.05% -
w/ sales charge 2.13% 2.13% 7.61% 7.90% 6.38% 8.65%

Fund Expense Ratio :

0.81%

Investment Team

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Portfolio Manager

13 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Director

23 Years of Industry Experience

Supported By 40 Investment Professionals and 13 Years Avg. Industry Experience

Fund Performance Details next tab

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