Buffalo High Yield Fund

Frequently Asked Questions About BUFHX

What does BUFHX invest in?

The Fund seeks a high level of current income and secondarily, capital growth. The Fund invests primarily in a diversified portfolio of high-yielding fixed income securities.

What is the expense ratio of BUFHX?

Buffalo High Yield Fund (BUFHX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.

What is BUFHX's dividend yield?

BUFHX's trailing-twelve-month yield is 7.11%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BUFHX?

Effective duration measures BUFHX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BUFHX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BUFHX?

BUFHX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BUFHX?

Yield to maturity (YTM) is the total return you'd earn from BUFHX if every bond in the portfolio is held to maturity at the current price. BUFHX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.