BUIHX: Buffalo High Yield Fund - MutualFunds.com

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Buffalo High Yield Fund

BUIHX - Snapshot

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $247 M
  • Holdings in Top 10 23.3%

52 WEEK LOW AND HIGH

$11.50
$9.16
$11.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA $250,000

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Compare BUIHX to Popular High Yield Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$5.93

0.00%

$27.58 B

4.78%

$0.28

-0.50%

-

$7.69

0.00%

$25.49 B

5.27%

$0.41

-1.03%

-

$86.41

+0.16%

$23.82 B

4.89%

$4.22

-1.74%

-

$5.45

0.00%

$20.11 B

5.80%

$0.32

-2.33%

-

$9.99

+0.10%

$16.76 B

5.69%

$0.57

-0.89%

-

BUIHX - Profile

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Buffalo High Yield Fund
  • Fund Family Name
    Buffalo
  • Inception Date
    Jul 01, 2019
  • Shares Outstanding
    17985421
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Sitzmann

Fund Description

The fund normally invests at least 80% of its net assets in higher-yielding, higher-risk debt securities rated below investment grade by the major rating agencies, commonly known as "junk bonds". While the fund maintains flexibility to invest in bonds of varying maturities, it generally holds bonds with intermediate-term maturities. The fund may invest in securities such as investment grade debt securities, U.S. Treasury Securities, money market funds, and equity investments, including dividend paying stocks and convertible preferred stocks.


BUIHX - Performance

Return Ranking - Trailing

Period BUIHX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -48.2% 392.8% 8.24%
1 Yr 4.9% -54.3% 9.9% 5.68%
3 Yr 4.2%* -21.8% 8.3% 12.32%
5 Yr 4.5%* -0.9% 9.0% 67.54%
10 Yr 5.3%* 0.7% 9.2% 45.84%

* Annualized

Return Ranking - Calendar

Period BUIHX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -10.3% 226.1% N/A
2018 N/A -18.4% -0.2% N/A
2017 N/A -9.5% 18.8% N/A
2016 N/A -9.1% 28.6% N/A
2015 N/A -34.3% 3.5% N/A

Total Return Ranking - Trailing

Period BUIHX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -48.2% 392.8% 8.24%
1 Yr 4.9% -54.3% 9.9% 4.72%
3 Yr 4.2%* -21.8% 8.3% 11.30%
5 Yr 4.5%* -1.1% 9.0% 58.89%
10 Yr 5.3%* 0.7% 9.2% 42.80%

* Annualized

Total Return Ranking - Calendar

Period BUIHX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -8.1% 23.9% N/A
2018 N/A -18.4% 1.3% N/A
2017 N/A -8.5% 18.8% N/A
2016 N/A -9.1% 39.0% N/A
2015 N/A -32.4% 3.5% N/A

NAV & Total Return History


BUIHX - Holdings

Concentration Analysis

BUIHX Category Low Category High BUIHX % Rank
Net Assets 247 M 3.33 M 27.6 B 59.89%
Number of Holdings 138 1 2239 84.40%
Net Assets in Top 10 48.6 M -492 M 2.87 B 52.65%
Weighting of Top 10 23.26% 3.4% 100.0% 14.21%

Top 10 Holdings

  1. Fidelity® Inv MM Fds Government I 7.21%
  2. Consolidated Communications, Inc. 6.5% 2.21%
  3. Nuance Communications, Inc. 1.5% 2.06%
  4. Cerence Inc 3% 1.89%
  5. Builders Firstsource, Inc. 5% 1.81%
  6. Quad / Graphics In 7% 1.67%
  7. MACDONALD DETTWILER T/L B 1.67%
  8. MACDONALD DETTWILER T/L B 1.67%
  9. MACDONALD DETTWILER T/L B 1.67%
  10. MACDONALD DETTWILER T/L B 1.67%

Asset Allocation

Weighting Return Low Return High BUIHX % Rank
Bonds
70.56% 0.00% 141.18% 97.42%
Convertible Bonds
19.96% 0.00% 19.96% 0.27%
Cash
7.22% -48.94% 100.00% 11.26%
Preferred Stocks
1.63% 0.00% 7.97% 8.41%
Stocks
0.63% -28.46% 28.23% 30.66%
Other
0.00% -2.78% 58.14% 52.92%

Stock Sector Breakdown

Weighting Return Low Return High BUIHX % Rank
Energy
40.61% 0.00% 100.00% 35.45%
Industrials
32.87% 0.00% 100.00% 5.25%
Communication Services
26.52% 0.00% 100.00% 8.53%
Utilities
0.00% 0.00% 99.51% 51.86%
Technology
0.00% 0.00% 46.47% 49.23%
Real Estate
0.00% 0.00% 100.00% 43.98%
Healthcare
0.00% 0.00% 100.00% 53.39%
Financial Services
0.00% 0.00% 100.00% 49.89%
Consumer Defense
0.00% 0.00% 52.26% 36.98%
Consumer Cyclical
0.00% 0.00% 100.00% 56.89%
Basic Materials
0.00% 0.00% 100.00% 49.67%

Stock Geographic Breakdown

Weighting Return Low Return High BUIHX % Rank
US
0.63% -28.07% 19.67% 29.85%
Non US
0.00% -0.39% 13.32% 48.30%

Bond Sector Breakdown

Weighting Return Low Return High BUIHX % Rank
Corporate
92.73% 0.00% 100.00% 69.97%
Cash & Equivalents
7.27% 0.00% 100.00% 13.45%
Derivative
0.00% 0.00% 51.02% 43.21%
Securitized
0.00% 0.00% 95.38% 59.65%
Municipal
0.00% 0.00% 16.25% 35.46%
Government
0.00% 0.00% 74.11% 56.11%

Bond Geographic Breakdown

Weighting Return Low Return High BUIHX % Rank
US
62.97% 0.00% 127.79% 89.42%
Non US
7.59% -27.40% 96.73% 88.87%

BUIHX - Expenses

Operational Fees

BUIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.04% 20.17% 62.22%
Management Fee 0.85% 0.00% 1.84% 93.04%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

BUIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

BUIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BUIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 1.00% 349.00% 18.54%

BUIHX - Distributions

Dividend Yield Analysis

BUIHX Category Low Category High BUIHX % Rank
Dividend Yield 0.00% 0.00% 6.07% 36.22%

Dividend Distribution Analysis

BUIHX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

BUIHX Category Low Category High BUIHX % Rank
Net Income Ratio 4.90% -0.81% 10.03% 63.26%

Capital Gain Distribution Analysis

BUIHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

BUIHX - Fund Manager Analysis

Managers

Jeffrey Sitzmann


Start Date

Tenure

Tenure Rank

Jul 30, 2007

13.27

13.3%

Mr. Sitzmann is a portfolio manager and partner of Kornitzer Capital Management (KCM), his employer since 2002. Mr. Sitzmann has been an investment professional since 1998. Prior to joining KCM, he was a senior investment analyst at Banc One Investment Advisors, Anthem, Inc., and Duff & Phelps. Mr. Sitzmann holds a B.B.A. from the University of Toledo and an M.B.A. from the University of Chicago. He also holds the Chartered Financial Analyst designation.

Paul Dlugosch


Start Date

Tenure

Tenure Rank

Jul 30, 2007

13.27

13.3%

Paul Dlugosch, CFA, Co-Portfolio Manager. Mr. Dlugosch has been an investment professional since 1997 and joined KCM in 2002. Previously, Mr. Dlugosch worked at Antares Capital Corporation and LaSalle National Bank in Chicago, Illinois. Mr. Dlugosch holds the Chartered Financial Analyst designation. He holds a B.S. in Business Administration from the University of Iowa.

Jeffrey Deardorff


Start Date

Tenure

Tenure Rank

Jan 05, 2015

5.82

5.8%

Jeff K. Deardorff, CFA, Co-Portfolio Manager. Mr. Deardorff has been an investment professional since 1997 and joined KCM in 2002. Previously, Mr. Deardorff worked as an equity arbitrage and money markets trader for Koch Industries. He holds a B.S. in Business Administration from Kansas State University. Mr. Deardorff has served as co-portfolio manager of the High Yield Fund since 2015 and the Dividend Focus Fund since July 2018.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.21 6.49 1.34
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