Australia markets closed

Shenkman Capital Floating Rt Hi Inc Inst (SFHIX)

Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
9.18+0.01 (+0.11%)
At close: 08:00PM EDT

Shenkman Capital Floating Rt Hi Inc Inst

MILWAUKEE WI 53202

615 E MICHIGAN STREET

ADVISORS SERIES TRUST

414-765-5340
Management information
Mark R. Shenkman,Lead manager since 14 October 2014
Mark R. Shenkman founded Shenkman Capital Management, Inc. in 1985. With 46 years of investment experience, and 38 years of high yield investment experience, he is considered one of the pioneers of the high yield bond and loan markets. Prior to founding Shenkman in 1985, Mr. Shenkman was President and Chief Investment Officer of First Investors Asset Management in New York. He also was Co-Manager and Vice President of the High Yield Bond Department at Lehman Brothers Kuhn Loeb in New York, where he established one of Wall Street’s earliest departments dedicated to the research, selling and trading of high yield securities. Mr. Shenkman was a research analyst and an equity portfolio manager at Fidelity Management and Research Company in Boston. From 1977 to 1979, he managed the first high yield bond mutual funds at Fidelity. Additionally, Mr. Shenkman is Chairman of the Board of Directors of the UCONN Foundation. He is a member of the Board of Trustees at The George Washington University; Vice Chairman of the Board at Wilbraham & Monson Academy since 1969; and he currently serves on the College of William and Mary, Mason School of Business Board of Advisors. He is also on the Board of Directors of the Hillel Foundation in Washington D.C. Mr. Shenkman received a BA in Political Science from the University of Connecticut (1965) and an MBA from The George Washington University (1967). Mr. Shenkman also received a Doctor of Humane Letters, honoris causa, from the University of Connecticut (2007).
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryBank Loan
Fund familyShenkman Funds
Net assets267.34M
YTD return1.99%
Yield8.20%
Morningstar rating★★★
Inception date28 Feb 2017

Fund operations

Last dividend0.25
Last cap gain-8.00
Holdings turnover40.00%
Average for categoryN/A

Fees and expenses

ExpenseSFHIXCategory average
Annual report expense ratio (net)0.64%1.03%
Prospectus net expense ratio0.64%N/A
Prospectus gross expense ratio0.81%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.08%
Max deferred sales loadN/A1.05%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A