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Anyone like to suggest their favorites in this area? Perhaps their reasons why? Not necessarily suggestions to be purchased now. I am always looking for new well managed funds to track/research.
Bought this in early Dec.Reinvesting monthly divs.Cut div by 5% in Feb.No history of Roc distributions.Watch for weakness if oil prices drop.Non marginable @Schwab
Babson Capital Global Short Duration High Yield Fund (Ticker:BGH)
Strategy Fund will invest at least 80 percent of its managed assets in corporate bonds, loans and other income-producing instruments that are rated below investment grade Fund may invest up to 50 percent of its managed assets in bonds and loans issued by foreign companies Seek to maintain a weighted average portfolio duration of three years or less
Weighted Averages Market Price ($) $88.57 Duration (Yrs) 2.33 yrs Leverage 23.60% Global 36.57% non-US Number of Holdings 130 issuers as of 4/30/2016 Industry % of Assets Oil And Gas 14.09% Chemicals, Plastics And Rubber 9.32% Healthcare, Education And Childcare 8.16% Automobile 6.74% Finance 6.56% Cargo Transport 4.85% Containers, Packaging And Glass 4.67% Electronics 4.27% Telecommunications 4.26% Leisure, Amusement, Entertainment 4.23%
Comments
Babson Capital Global Short Duration High Yield Fund
(Ticker:BGH)
Strategy
Fund will invest at least 80 percent of its managed assets in corporate bonds, loans and other income-producing instruments that are rated below investment grade
Fund may invest up to 50 percent of its managed assets in bonds and loans issued by foreign companies
Seek to maintain a weighted average portfolio duration of three years or less
Weighted Averages
Market Price ($) $88.57
Duration (Yrs) 2.33 yrs
Leverage 23.60%
Global
36.57% non-US
Number of Holdings
130 issuers
as of 4/30/2016
Industry % of Assets
Oil And Gas 14.09%
Chemicals, Plastics And Rubber 9.32%
Healthcare, Education And Childcare 8.16%
Automobile 6.74%
Finance 6.56%
Cargo Transport 4.85%
Containers, Packaging And Glass 4.67%
Electronics 4.27%
Telecommunications 4.26%
Leisure, Amusement, Entertainment 4.23%
http://www.babsoncapital.com/assets/user/media/Babson_Capital_Global_Short_Duration_High_Yield_Fund_Factsheet.pdf
http://www.cefconnect.com/fund/BGH