The investment seeks a high level of current income with capital appreciation as a secondary objective. The fund invests in a non-diversified group of low-quality, high yield U.S. corporate bonds and convertible securities. The fund may invest without limitation in non-investment grade corporate bonds rated Baa or lower by Moody's or BBB or lower by S&P (also known as "junk" bonds). The fund may also invest in corporate issues that have defaulted. It is non-diversified.
Fund filings (PDF) »
Dwayne Moyers (Started: May 24, 2010)
Daniel Rudnitsky (Started: Nov 1, 2012)
# Contact ?>
SMH Capital Advisors, 4800 Overton Plaza Suite 300,, Fort Worth, TX 76109, USA