CIF:NYE-MFS Intermediate High Income Fund (USD)

ETF | Asset Management | New York Stock Exchange

Last Closing

USD 2.17

Change

-0.02 (-0.91)%

Market Cap

USD 0.05B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Seeks to provide high current income by investing in high yield fixed income securities. Normally it will invest at least 80% of its total assets in high yield fixed income securities that are rated in the lower rating categories (BBB to CCC for S&P and Baa to Caa for Moodys), and unrated but judged to be of comparable quality. However, it will only invest up to 20% of its total assets in unrated securities, and up to 20% in zero coupon securities. Effective 21-Dec-07 the Fund made the following revisions: The Fund have revised its objective to state The Fund will seek high current income but may also consider capital appreciation. The Fund will invest at least 80% of its assets in high income debt instruments. Percentage limitations on certain types of investments have been eliminated to provide the manager with more flexibility to invest in appropiate securities. The Fund may invest up to 100% in lower quality debt instruments. Certain limitations on the funds ability of invest in derivatives have been removed.

Inception Date: 27/08/2008

Primary Benchmark: MFC Gbl Infrastructure

Primary Index: MSCI World Small Cap GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.56 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-05-29 )

Largest Industry Peers for Asset Management

Symbol Name Mer Price(Change) Market Cap
BX Blackstone Group Inc 0.00 %

-2.87 (-2.33%)

USD 154.61B
BLK BlackRock Inc 0.00 %

-6.49 (-0.86%)

USD 111.52B
KKR KKR & Co LP 0.00 %

-1.28 (-1.35%)

USD 89.77B
APO Apollo Global Management LLC C.. 0.00 %

-0.19 (-0.18%)

USD 60.69B
BN Brookfield Corp 0.00 %

-0.43 (-1.10%)

USD 59.07B
AMP Ameriprise Financial Inc 0.00 %

+0.86 (+0.21%)

USD 41.16B
ARES Ares Management LP 0.00 %

-1.00 (-0.76%)

USD 40.81B
BK Bank of New York Mellon 0.00 %

+0.79 (+1.45%)

USD 40.38B
OWL Blue Owl Capital Inc 0.00 %

+0.06 (+0.33%)

USD 24.73B
STT State Street Corp 0.00 %

+0.23 (+0.32%)

USD 22.87B

ETFs Containing CIF

N/A

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -22.22% 27% F 35% F
Dividend Return 1.26% 16% F 51% F
Total Return -20.97% 24% F 36% F
Trailing 12 Months  
Capital Gain -15.89% 33% F 39% F
Dividend Return 5.24% 46% F 82% B
Total Return -10.65% 30% F 42% F
Trailing 5 Years  
Capital Gain -20.80% 38% F 40% F
Dividend Return 41.17% 86% B+ 96% N/A
Total Return 20.37% 62% D 64% D
Average Annual (5 Year Horizon)  
Capital Gain 2.46% 70% C- 44% F
Dividend Return 11.58% 85% B 72% C
Total Return 9.21% 85% B 96% N/A
Risk Return Profile  
Volatility (Standard Deviation) 14.62% 28% F 57% F
Risk Adjusted Return 79.21% 70% C- 74% C
Market Capitalization 0.05B 6% D- 16% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector