Nasdaq
USD
Buffalo High Yield Institutional (BUIHX)
10.06
+0.01
(+0.10%)
At close: 8:00:15 PM EST
Fund Summary
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in higher-yielding, higher-risk debt securities rated below investment grade by the major rating agencies, commonly known as “junk bonds.” Debt securities may include fixed and floating rate bonds, bank debt, and convertible debt securities. The fund may invest up to 20% of its net assets in sponsored or unsponsored American Depositary Receipts (“ADRs”) and securities of foreign companies.
Risk Overview
| Morningstar Risk Rating | |
| Best 1Y Total Return | 11.85% |
|---|---|
| Worst 1Y Total Return | -- |
| Number of Years Up | 5 |
| Number of Years Down | 1 |
Performance & Risk
| YTD Return | 1.48% |
| 5y Average Return | 4.56% |
| Rank in Category (ytd) | 22 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.35 |
| Morningstar Risk Rating |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
BUIHX | Category Average | BUIHX | Category Average | BUIHX | Category Average |
|
Alpha
|
2.45 | 0.03 | 2.35 | 0.04 | 3.36 | 0.04 |
|
BETA
|
0.35 | 0.01 | 0.42 | 0 | 0.42 | 0 |
|
Mean Annual Return
|
0.57 | 0.01 | 0.37 | 0.01 | 0.45 | 0 |
|
R-squared
|
39.15 | 0.04 | 36.93 | 0.05 | 13.16 | 0.04 |
|
Standard Deviation
|
3.22 | 0.09 | 4.53 | 0.07 | 5.9 | 0.07 |
|
Sharpe Ratio
|
0.73 | 0.01 | 0.12 | 0.01 | 0.48 | 0.01 |
|
Treynor Ratio
|
6.74 | 0.11 | 1.07 | 0.11 | 6.57 | 0.12 |
