Buffalo High Yield Fund (BUFHX)
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, convertible stocks and preferred stocks.
Fund Info
US1195391040
119539104
May 19, 1995
$2,500
Expense Ratio
BUFHX has a high expense ratio of 1.02%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Buffalo High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Buffalo High Yield Fund had a return of 7.67% year-to-date (YTD) and 8.29% in the last 12 months. Over the past 10 years, Buffalo High Yield Fund had an annualized return of 4.22%, while the S&P 500 had an annualized return of 11.01%, indicating that Buffalo High Yield Fund did not perform as well as the benchmark.
BUFHX
7.67%
-1.02%
3.40%
8.29%
4.61%
4.22%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of BUFHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.80% | 0.58% | 1.32% | 0.06% | 0.92% | 0.58% | 1.40% | 1.07% | 0.75% | 0.32% | 0.74% | 7.67% | |
| 2023 | 2.61% | -0.53% | 0.28% | 0.82% | -0.13% | 1.40% | 1.35% | 0.58% | 0.05% | -0.39% | 2.89% | 2.24% | 11.67% |
| 2022 | -1.08% | -0.43% | -0.20% | -2.42% | -1.13% | -4.62% | 3.24% | -0.24% | -2.48% | 2.37% | 1.51% | -1.75% | -7.23% |
| 2021 | 0.43% | 1.10% | 0.20% | 1.31% | 0.17% | 1.02% | 0.10% | 0.30% | 0.33% | -0.13% | -0.67% | -1.69% | 2.46% |
| 2020 | 0.17% | -1.15% | -11.66% | 3.64% | 4.51% | 1.56% | 3.36% | 2.63% | -0.46% | 0.59% | 4.59% | 2.19% | 9.24% |
| 2019 | 3.13% | 1.36% | 0.72% | 1.50% | -0.37% | 1.29% | 0.54% | 0.19% | 0.50% | 0.34% | 1.16% | 1.38% | 12.34% |
| 2018 | 0.46% | -0.70% | -0.29% | -0.05% | 0.07% | 0.49% | 0.56% | 0.84% | 0.39% | -1.51% | -0.39% | -2.42% | -2.57% |
| 2017 | 1.07% | 1.12% | -0.06% | 0.98% | 0.26% | 0.45% | 0.67% | -0.19% | 0.97% | -0.03% | 0.24% | -0.12% | 5.46% |
| 2016 | -1.32% | -0.07% | 1.94% | 1.76% | 0.44% | -0.10% | 2.09% | 0.78% | 0.36% | -0.42% | 0.12% | -1.36% | 4.23% |
| 2015 | 0.16% | 2.10% | 0.47% | 0.52% | 0.51% | 0.48% | 0.20% | -1.18% | -1.60% | 2.05% | -0.61% | -2.72% | 0.26% |
| 2014 | 0.14% | 1.17% | -0.18% | 0.01% | 0.53% | 0.95% | -0.69% | 0.95% | -1.40% | 0.86% | 0.39% | -1.77% | 0.93% |
| 2013 | 1.42% | 0.60% | 1.24% | 1.25% | 0.74% | -1.30% | 2.08% | -0.08% | 0.94% | 1.01% | 0.38% | -0.77% | 7.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 97, BUFHX is among the top 3% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Buffalo High Yield Fund (BUFHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Buffalo High Yield Fund provided a 5.66% dividend yield over the last twelve months, with an annual payout of $0.61 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.61 | $0.68 | $0.62 | $0.49 | $0.48 | $0.47 | $0.51 | $0.46 | $0.48 | $0.44 | $0.41 | $0.51 |
Dividend yield | 5.66% | 6.40% | 6.19% | 4.27% | 4.09% | 4.22% | 4.85% | 4.08% | 4.37% | 3.99% | 3.59% | 4.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Buffalo High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.07 | $0.06 | $0.04 | $0.11 | $0.06 | $0.03 | $0.06 | $0.06 | $0.07 | $0.00 | $0.00 | $0.61 |
| 2023 | $0.01 | $0.06 | $0.05 | $0.03 | $0.06 | $0.10 | $0.05 | $0.07 | $0.06 | $0.06 | $0.06 | $0.07 | $0.68 |
| 2022 | $0.03 | $0.04 | $0.04 | $0.03 | $0.10 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.10 | $0.62 |
| 2021 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.49 |
| 2020 | $0.04 | $0.04 | $0.02 | $0.02 | $0.06 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.04 | $0.06 | $0.48 |
| 2019 | $0.05 | $0.05 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2018 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.51 |
| 2017 | $0.04 | $0.04 | $0.02 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.46 |
| 2016 | $0.03 | $0.03 | $0.04 | $0.02 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.48 |
| 2015 | $0.04 | $0.04 | $0.02 | $0.06 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.44 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.06 | $0.41 |
| 2013 | $0.04 | $0.05 | $0.04 | $0.03 | $0.04 | $0.06 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.07 | $0.51 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Buffalo High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Buffalo High Yield Fund was 25.75%, occurring on Dec 5, 2008. Recovery took 158 trading sessions.
The current Buffalo High Yield Fund drawdown is 1.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.75% | Dec 27, 2007 | 238 | Dec 5, 2008 | 158 | Jul 24, 2009 | 396 |
| -18.74% | Feb 21, 2020 | 22 | Mar 23, 2020 | 108 | Aug 25, 2020 | 130 |
| -13.77% | May 20, 1998 | 109 | Oct 19, 1998 | 595 | Feb 13, 2001 | 704 |
| -12.54% | Nov 10, 2021 | 169 | Jul 14, 2022 | 362 | Dec 20, 2023 | 531 |
| -7.68% | Jun 24, 2015 | 161 | Feb 11, 2016 | 112 | Jul 22, 2016 | 273 |
Volatility
Volatility Chart
The current Buffalo High Yield Fund volatility is 1.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.