Fact sheet: Shenkman Finsbury ShrtDurHi Inc

Fund information

Fund name
Shenkman Finsbury Short Duration High Income BUS
Fund company manager
Shenkman Capital Management In
Fund type
SIB
Fund objective
The Shenkman Finsbury Short Duration High Income Fund (the "Fund") seeks to achieve high current income. The Fund invests a majority of its net asset value in a portfolio of fixed income and high yield securities (i.e., corporate bonds rated below BBB-/Baa by a ratings agency). A ratings agency gives a below investment grade rating when it believes that there is a relatively high risk that the issuer of the bond will not be able to make payments when due under the bond. While the Fund has an overall targeted duration of three years or less, it may purchase and hold securities of any duration and of any quality, rated or unrated. The majority of the Fund's investments are issued by U.S. companies and designated in U.S. dollars. The Fund may also invest up to 20% of its net asset value in fixed income high yield securities of non-U.S. issuers (other than emerging markets) or fixed income high yield securities designated in currencies other than U.S. dollars. An emerging market country is considered to have social or business activities in the process of rapid growth. The Fund may hold fixed income securities (i.e., corporate bonds) of any quality, and of which may be of low, medium or high exposure to fluctuations in the market, and may also invest in fixed income securities that are not rated or that are rated BBB-/Baa3 or above (i.e., investment grade rated). A ratings agency gives an investment grade rating when it believes there is relatively low risk that the issuer of bonds will be unable to make payments when due under the bond.
Benchmark
BofA Merrill Lynch 0-2 Year Duration BB-B U.S. HY Constrained Index
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

3.94 %

1 Year rank in sector

39/50

Sector

FO Fixed Int - USD High Yield

Yield
-
Fund size
-
FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.33 %2.49 %3.95 %7.98 %14.84 %
Sector0.55 %2.88 %6.35 %11.27 %24.7 %
Rank within sector52 / 5842 / 5839 / 5027 / 4027 / 30
Quartile th4 th3 rd4 th3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund3.16 %4.65 %0.11 %0.88 %4.39 %
Sector3.91 %12.74 %-3.11 %0.67 %6.23 %
Rank within sector42 / 5645 / 498 / 4319 / 3725 / 34
Quartile th3 rd4 th1 st3 rd3 rd

Risk statistics

Alpha1.08
Beta0.4
Sharpe-0
Volatility2.11
Tracking error3.08
Information ratio-0.2
R-Squared0.88

Price movement

52 week high1152.9433
52 week low1101.355
Current bid price0
Current offer price0
Current mid price1152.7384

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

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