Logan Circle Partners Funds - High Yield FundPrint

The investment objective of the Logan Circle Partners High Yield Fund (the “Fund”) is to seek to generate a high total return through a combination of capital appreciation and income.

  • Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investments purposes, in a portfolio of high yield fixed income securities (also known as “junk bonds”). Logan Circle Partners L.P. (the “Adviser”), considers high yield fixed income securities to be those rated below BBB or Baa by Moody’s Investor Services Inc., Standard & Poor’s Rating Services or Fitch, Inc., or if unrated, determined to be of comparable quality by the Adviser.
  • The Fund will invest primarily in high yield fixed income securities issued by U.S. corporations, but may also invest in high yield fixed income securities of corporate issuers outside of the U.S., including emerging market countries. The Fund may also invest in convertible bonds, bank loans, and privately issued securities (e.g., Rule 144A securities).
Share Classes:
I-Class; R-Class
Tickers:
LPYIX; LPYRX
Portfolio Manager:

Timothy L. Rabe, CFA
Benchmark:
Bank of America Merrill Lynch U.S. High Yield Master II Constrained Index

The Benchmark is an unmanaged portfolio constructed to mirror the high yield debt market. 

Administrator:
SEI Investments Global Funds Services
Transfer Agent:
DST Systems
Custodian:
Brown Brothers Harriman
Minimum Investment:
I-Class - $5 million; R-Class - $500,000

Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting www.logancirclepartners.com. Read the prospectus carefully before investing.

All investing is subject to risk, including the possible loss of principal. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. High yield bonds involve greater risks of default or downgrade and are more volatile than investment grade securities. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic, or political instability in other nations. These risks are especially high in emerging markets.

Logan Circle Partners Funds are distributed by SEI Investments Distribution Co., 1 Freedom Valley Dr., Oaks, PA 19456, which is not affiliated with Fortress Investment Group or Logan Circle Partners.