-
U.S. Mutual Funds
- (EDT)
- » U.S. Home
- Aberdeen Asset Management
- U.S. Mutual Funds
- Mutual Funds
- Aberdeen U.S. Yield Bond Fund
Aberdeen U.S. High Yield Bond Fund
Choose another fund:
Investment Objective
The Fund seeks to maximize total return consisting of interest income and capital appreciation.
Investment Strategy
The Fund seeks to achieve its objective by primarily investing in bonds of U.S. issuers that are, at the time of investment, below investment grade, sometimes referred to as “junk bonds” or high yield securities.
Holdings
TOP HOLDINGS (all classes) as of 04/30/2013
View detailed list of holdings
| Holding | Percent | |
|---|---|---|
| ARCH COAL INC | 3.42% | |
| MARINA DISTRICT FINANCE | 2.45% | |
| FORBES ENERGY SERVICES | 2.08% | |
| WESTMORELAND COAL | 2.04% | |
| ARD Finance 11.125% 01/06/18 EUR | 2.01% | |
| ALPHA NATURAL RESOURCES | 1.98% | |
| SPRINT NEXTEL CORP | 1.91% | |
| GARDA WORLD SECURITY COR | 1.76% | |
| VENOCO INC | 1.75% | |
| TASEKO MINES LTD | 1.71% |
Risk Considerations
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), extension (principal repayments may not occur as quickly as anticipated, causing the expected maturity of a security to increase) and call (some bonds allow the issuer to call a bond for redemption before it matures).
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.
Please read the prospectus for more detailed information regarding these risks.
Key Facts
Class A Inception Date
Feb 28, 2012
Ticker
| Class A | AUYAX |
| Class C | AUYCX |
| Class R | AUYRX |
| Institutional | AUYIX |
| Inst. Svc. | AUYSX |
CUSIP
| Class A | 003021318 |
| Class C | 003021292 |
| Class R | 003021284 |
| Institutional | 003021276 |
| Inst. Svc. | 003021268 |
Redemption Fee
2.00% applied within 15 Days
Minimum Initial Investment
$1,000 Class A and C
$1,000 IRA: Classes A and C
$1,000,000 Institutional
$1,000,000 Inst.Svc.
Total Net Assets (all classes)
as of April 30, 2013
$18.1 million