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The Fund seeks to maximize total return consisting of interest income and capital appreciation.
TOP HOLDINGS (all classes) as of 07/31/2015
View detailed list of holdings
|VRX ESCROW CORP||2.04%|
|TENET HEALTHCARE CORP||1.91%|
|SPRINT NEXTEL CORP||1.87%|
|PENN NATIONAL GAMING INC||1.65%|
|MGM RESORTS INTL||1.63%|
|T-MOBILE USA INC||1.56%|
|MEDIACOM BRDBND LLC/CORP||1.55%|
|SUNGARD DATA SYSTEMS||1.54%|
Fixed income securities are subject to certain risks including, but not limited to: interest rate (changes in interest rates may cause a decline in the market value of an investment), credit (changes in the financial condition of the issuer, borrower, counterparty, or underlying collateral), prepayment (debt issuers may repay or refinance their loans or obligations earlier than anticipated), and extension (principal repayments may not occur as quickly as anticipated, causing the expected maturity of a security to increase).
The Fund’s investments in high-yield bonds and other lower-rated securities will subject the Fund to substantial risk of loss.
Derivatives are speculative and may hurt the Fund’s performance. They present the risk of disproportionately increased losses and/or reduced gains when the financial asset or measure to which the derivative is linked changes in unexpected ways.
*Formerly the Aberdeen U.S. High Yield Bond Fund
Feb 28, 2012
$1,000 Class A and C
$1,000 IRA: Classes A and C
as of July 31, 2015