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Nasdaq - Delayed Quote USD

Mesirow High Yield Instl (MFHIX)

8.11
+0.03
+(0.37%)
At close: 8:01:36 PM EDT

Fund Summary

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in high yield instruments (also known as "junk bonds") and other financial instruments with economic characteristics similar to such instruments, such as derivatives and exchange-traded funds ("ETFs"). The fund may invest the remainder of its assets in investment grade instruments including securities issued or guaranteed by the U.S. government and its agencies or instrumentalities, municipal bonds, corporate bonds, and etc.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 14.33%
Worst 1Y Total Return --
Number of Years Up 5
Number of Years Down 1

Performance & Risk

YTD Return -2.92%
5y Average Return 8.76%
Rank in Category (ytd) 96
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.42
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
MFHIXCategory AverageMFHIXCategory AverageMFHIXCategory Average
Alpha 1.53 0.03 8.04 0.04 -- 0.04
BETA 0.42 0.01 0.48 0 -- 0
Mean Annual Return 0.37 0.01 0.78 0.01 -- 0
R-squared 33.85 0.04 21.65 0.05 -- 0.04
Standard Deviation 5.69 0.09 6.4 0.07 -- 0.07
Sharpe Ratio -0.01 0.01 1.02 0.01 -- 0.01
Treynor Ratio -0.48 0.11 14.23 0.11 -- 0.12

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