Northeast Investors Trust (NTHEX)

5.65
Net Asset Value
-0.35%
1 Day
-13.34%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.96%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks the production of income. The fund invests primarily in marketable securities of established companies which the Trustees believe provide reasonable income and which, where consistent with the objective, may have potential for capital appreciation. It emphasizes high yield corporate bonds which are rated as lower than investment grade by either of the two principal rating services or unrated securities having similar characteristics.

Performance

1 month-10.03% 3 years+6.71%
3 months-11.55% 5 years+6.78%
1 year-6.09% Since inception+5.77%
Data through --

Peer Comparisonvs. High yield bond

 NTHEXCategory
Performance 5-yr return+6.78%+9.39%
Expense ratio0.96%1.13%
Risk 5 year sharpe ratio1.371.39
Net assets$583.9M$1.5B
Average market cap$25.9B$11.0B
Average P/E19.618.7
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyNortheast Investors
Fund manager & tenureErnest Monrad / 54 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Fixed income83.40%
Other18.86%
U.S. stock16.77%
Cash0.19%
International stock0.02%
Top 5 Sectors
Portfolio weighting
Financial service 34.44%
Consumer goods 27.21%
Industrial materials 23.24%
Business service 9.76%
Consumer service 5.36%
Top 10 Holdings
Portfolio weighting
C Citigroup Inc7.79%
-- Bank Of America Corp. Pfd, 8%5.95%
-- Williams Clayton Engy 7.75%5.29%
-- Forest Oil 7.25%5.08%
-- Nortel Networks Lt 10.75%4.99%
-- Wells Fargo & Co. Pfd, 7.98%4.80%
-- Westmoreland Coal 10.75%4.59%
-- Pitney Bowes International Holdings Pfd, 6.125%4.58%
-- Vertellus Specialties 144A 9.375%4.14%
-- Jack Cooper Hldgs 9.25%3.96%

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