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ISIN
US1195391040
CUSIP
119539104
Issuer
Buffalo
Inception Date
May 19, 1995
Min. Investment
$2,500
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

BUFHX Performance Chart

Buffalo High Yield Fund (BUFHX) is up 2.0% since the beginning of the year. BUFHX is currently trading at $10 per share. Investors who bought $1,000 worth of BUFHX shares 5 years ago would now be looking at an investment worth $1,267.


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S&P 500 Index

Returns By Period

Buffalo High Yield Fund (BUFHX) has returned 1.99% so far this year and 4.89% over the past 12 months. Over the last ten years, BUFHX has returned 5.39% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Buffalo High Yield Fund

1D
0.00%
1M
0.67%
YTD
1.99%
6M
2.19%
1Y
4.89%
3Y*
8.27%
5Y*
4.85%
10Y*
5.39%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BUFHX Monthly Returns History

Based on dividend-adjusted daily data since May 19, 1995, BUFHX's average daily return is +0.03%, while the average monthly return is +0.54%. At this rate, an investment would double in approximately 10.7 years.

Historically, 71% of months were positive and 29% were negative. The best month was Apr 2009 with a return of +9.8%, while the worst month was Oct 2008 at -13.8%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BUFHX closed higher 48% of trading days. The best single day was May 26, 1995 with a return of +6.5%, while the worst single day was Mar 16, 2020 at -3.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.81%0.10%-0.99%1.58%0.31%0.19%1.99%
20251.20%0.20%-0.95%-0.58%1.86%1.33%0.68%0.77%0.00%-0.54%0.41%0.65%5.11%
20240.80%0.58%1.32%0.06%0.92%0.58%1.40%1.07%1.33%0.32%1.37%0.16%10.35%
20232.61%-0.53%0.28%0.82%-0.13%1.40%1.35%0.57%0.05%-0.39%2.89%2.24%11.68%
2022-1.08%-0.43%-0.20%-2.42%-1.14%-4.61%3.24%-0.24%-2.48%2.37%1.51%0.06%-5.53%
20210.42%1.10%0.20%1.31%0.17%1.03%0.10%0.30%0.33%-0.14%-0.68%1.26%5.52%

Benchmark Metrics

Buffalo High Yield Fund has an annualized alpha of 5.35%, beta of 0.12, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since May 19, 1995.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (32.44%) than losses (21.45%) - typical of diversified or defensive assets.
  • Beta of 0.12 may look defensive, but with R2 of 0.27 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.27 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
5.35%
Beta
0.12
0.27
Upside Capture
32.44%
Downside Capture
21.45%

Expense Ratio

BUFHX has a high expense ratio of 1.02%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

BUFHX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


BUFHX Risk / Return Rank: 5757
Overall Rank
BUFHX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
BUFHX Sortino Ratio Rank: 6464
Sortino Ratio Rank
BUFHX Omega Ratio Rank: 7272
Omega Ratio Rank
BUFHX Calmar Ratio Rank: 4242
Calmar Ratio Rank
BUFHX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Buffalo High Yield Fund (BUFHX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BUFHXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.03

Sortino ratioReturn per unit of downside risk

+0.29

Omega ratioGain probability vs. loss probability

1.43

1.37

+0.06

Calmar ratioReturn relative to maximum drawdown

2.35

2.78

-0.43

Martin ratioReturn relative to average drawdown

9.94

12.44

-2.50

Dividends

Dividend History

Buffalo High Yield Fund provided a 7.08% dividend yield over the last twelve months, with an annual payout of $0.74 per share.


4.00%5.00%6.00%7.00%8.00%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.74$0.72$0.86$0.68$0.81$0.83$0.48$0.47$0.54$0.51$0.43$0.61

Dividend yield

7.08%6.84%8.03%6.41%8.05%7.24%4.11%4.21%5.17%4.57%3.85%5.51%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.06$0.05$0.06$0.03$0.06$0.09$0.35
2025$0.03$0.06$0.06$0.04$0.07$0.08$0.06$0.07$0.06$0.06$0.06$0.07$0.72
2024$0.05$0.07$0.06$0.04$0.11$0.06$0.03$0.06$0.12$0.07$0.07$0.13$0.86
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$0.09$0.05$0.05$0.05$0.05$0.05$0.05$0.29$0.81
2021$0.03$0.04$0.04$0.03$0.03$0.06$0.04$0.04$0.04$0.04$0.04$0.40$0.83

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.


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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 26.01%, occurring on Dec 5, 2008. Recovery took 159 trading sessions.

The current Buffalo High Yield Fund drawdown is 0.09%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-26.01%Dec 2008
1y 1mo7mo 24d
1y 8moNov 2007 - Jul 2009
COVID crash2020
-18.74%Mar 2020
1mo 1d5mo 5d
6mo 6dFeb 2020 - Aug 2020
1998 correction1998
-13.76%Oct 1998
5mo 2d2y 3mo
2y 8moMay 1998 - Feb 2001
Bear market2022
-9.98%Jul 2022
6mo 1d1y 27d
1y 6moJan 2022 - Aug 2023
2011 pullback2011
-7.03%Oct 2011
2mo 10d3mo 17d
5mo 27dJul 2011 - Jan 2012

Drawdown Indicators


BUFHXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-26.01%

-56.78%

+30.77%

Max Drawdown (1Y)

Largest decline over 1 year

-2.13%

-9.10%

+6.97%

Max Drawdown (3Y)

Largest decline over 3 years

-3.83%

-18.90%

+15.07%

Max Drawdown (5Y)

Largest decline over 5 years

-9.98%

-25.43%

+15.45%

Max Drawdown (10Y)

Largest decline over 10 years

-18.74%

-33.92%

+15.18%

Current Drawdown

Current decline from peak

-0.09%

-1.80%

+1.71%

Average Drawdown

Average peak-to-trough decline

-2.02%

-10.71%

+8.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.50%

2.03%

-1.53%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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