Archer Income Fund (ARINX)

19.81
Net Asset Value
-0.15%
1 Day
+3.12%
Year-to-Date
Overall Morningstar Rating
Long-term bond
Style or Category
No Load
Sales Expenses
2.02%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to provide current income while secondarily striving for capital appreciation. Under normal conditions, at least 50% of the fund's total assets will be invested in U.S. government obligations, mortgage and asset-backed securities, corporate and municipal bonds, collateralized mortgage obligations (CMOs), certificates of deposit linked to an index. It will invest up to 25% of its assets in foreign debt securities denominated in U.S. dollars and foreign currencies. The fund will invest up to 10% of its assets in covered call options on the debt securities it owns.

Performance

1 month+0.84% 3 years+3.70%
3 months+2.41% 5 years--
1 year-0.83% Since inception+3.57%
Data through --

Peer Comparisonvs. Long-term bond

 ARINXCategory
Performance 5-yr return--+7.74%
Expense ratio2.02%0.86%
Risk 5 year sharpe ratio--1.16
Net assets$6.8M$878.3M
Average market cap----
Average P/E----
Portfolio turnover18%18%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyArcher
Fund manager & tenureTroy Patton / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income79.64%
Other9.66%
Cash9.61%
U.S. stock0.98%
International stock0.12%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
DREPRK Duke Rlty Pfd1.92%
-- Tsasc Inc N Y Tob Settl 4.75%1.77%
LQD iShares iBoxx $ Invst Grade Crp Bond1.75%
-- Southwestern Engy Co Mtn Be 7.125%1.75%
-- Ambev Intl Fin Co 9.5%1.59%
TLT iShares 20+ Year Treasury Bond1.59%
-- Morgan Stanley D W Disc FRN1.57%
FLOT iShares Floating Rate Bond1.55%
-- Hewlett Packard 4.375%1.54%
-- Ingram Micro 5%1.52%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.