6.55 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 6.55
Category High Yield Bond
Net Assets 659.23 Mil
Yield 6.17%
Morningstar Risk Above Average
Morningstar Return Average
  • Last NAV update 8/26/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks the production of income. The fund invests primarily in marketable securities of established companies which the Trustees believe provide reasonable income and which, where consistent with the objective, may have potential for capital appreciation. It emphasizes high yield corporate bonds which are rated as lower than investment grade by either of the two principal rating services or unrated securities having similar characteristics.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 14.25% -0.72% 14.63% 13.01% 6.01%
Value ($) 11,425.50 11,343.68 13,003.57 14,695.24 15,578.33
  • Year to date performance as of 8/26/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Northeast Investors
Fund Manager Ernest Monrad
Tenure (Years) 54
Fund Status Open
Minimum Initial Purchase 1,000.00
Minimum IRA Investment 500.00
Front Load 0.00
Expense Ratio 0.93%
PERFORMANCE
Symbol Value ($)
1 Month 0.23%
3 Months 1.75%
1 Year 9.23%
3 Years* 11.61%
5 Years* 11.41%
  • * Annualized returns
  • Performance as of 8/26/2014 12:00 AM ET
PEER COMPARISON
  NTHEX High Yield Bond
5-Yr Return 11.41% 10.98%
Sharpe Ratio 1.33 2.15
Net Assets 659.23 Mil 449.28 Mil
Avg Market Cap 17.88 Bil 12.27 Bil
Avg P/E 12.42 17.52
Portfolio Turnover 21 78
HOLDINGS
Symbol Value ($)
Stocks 28.35%
Cash 0.00%
Fixed Income 78.86%
Other 2.50%
TOP 10 HOLDINGS
NAME % NET ASSETS
Citigroup Inc 5.59%
Wells Fargo- Co. Pfd, 7.98% 5.36%
Williams Clayton Engy 7.75% 5.04%
Bank Of America Corp. Pfd, 8% 4.88%
Nortel Networks Lt 10.75% 4.09%
Westmoreland Coal 10.75% 3.73%
Forest Oil 7.25% 3.71%
Pitney Bowes International Holdings Pfd, 6.125% 3.51%
Cenveo 8.875% 3.33%
Pilgrims Pride Corp New 7.875% 3.32%
DATA PROVIDERS

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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

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