Chou Income Fund (CHOIX)

11.51
Net Asset Value
-0.17%
1 Day
+4.26%
Year-to-Date
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
3.41%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide capital appreciation and income production, with capital preservation as a secondary consideration. Under normal market conditions, the fund will invest at least 80% of its net assets in fixed-income securities, financial instruments that provide exposure to fixed-income securities, and preferred stock. It also may invest in money market funds that invest principally in U.S. Treasury bills, notes and bonds and repurchase agreements backed by such securities. The fund invests in fixed-income securities in both developed markets and emerging markets. It is non-diversified.

Performance

1 month-2.45% 3 years+17.89%
3 months-0.78% 5 years--
1 year+9.46% Since inception+15.85%
Data through --

Peer Comparisonvs. World bond

 CHOIXCategory
Performance 5-yr return--+6.02%
Expense ratio3.41%1.08%
Risk 5 year sharpe ratio--1.02
Net assets$21.1M$2.1B
Average market cap$1.8B$12.8B
Average P/E--19.2
Portfolio turnover40%40%

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Fund Management and Purchase Info

Fund familyChou America
Fund manager & tenureFrancis Chou / 4 Years
Minimal initial investment$5,000.00
Minimum IRA investment$5,000.00

Holdings

Cash57.19%
Other21.69%
Fixed income14.52%
U.S. stock6.35%
International stock0.24%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Rainmaker Entmt Cv 8%16.31%
-- Penney J C 7.95%11.09%
RFP Resolute Forest Products Inc6.35%
-- Compucredit Hldgs Cv 5.875%1.99%
-- Catalyst Paper Corp New 11%1.71%
-- Sears Roebuck Accep Pfd1.07%
-- Fortress Paper Cv 6.5%1.05%
-- Usec Cv 3%1.01%
-- Sears Roebuck Accep 7%0.79%
-- Emerald Plantation Hldgs 6%0.75%

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