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
ISIN | US1195391040 |
---|---|
CUSIP | 119539104 |
Issuer | Buffalo |
Inception Date | May 19, 1995 |
Category | High Yield Bonds |
Min. Investment | $2,500 |
Asset Class | Bond |
Expense Ratio
The Buffalo High Yield Fund 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
Popular comparisons: BUFHX vs. SPLG, BUFHX vs. SWPPX
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 2.72% year-to-date (YTD) and 13.07% in the last 12 months. Over the past 10 years, Buffalo High Yield Fund had an annualized return of 4.76%, while the S&P 500 had an annualized return of 10.89%, indicating that Buffalo High Yield Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 2.72% | 10.16% |
1 month | 1.32% | 3.47% |
6 months | 7.74% | 22.20% |
1 year | 13.07% | 30.45% |
5 years (annualized) | 5.93% | 13.16% |
10 years (annualized) | 4.76% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.80% | 0.58% | ||||||||||
2023 | 0.57% | 0.05% | -0.39% | 2.89% | 2.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for Buffalo High Yield Fund (BUFHX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Buffalo High Yield Fund | 5.44 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
Buffalo High Yield Fund granted a 6.98% dividend yield in the last twelve months. The annual payout for that period amounted to $0.74 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.74 | $0.68 | $0.81 | $0.84 | $0.48 | $0.47 | $0.54 | $0.51 | $0.74 | $0.61 | $0.53 | $0.69 |
Dividend yield | 6.98% | 6.41% | 8.05% | 7.24% | 4.11% | 4.21% | 5.17% | 4.57% | 6.70% | 5.51% | 4.60% | 5.88% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.05 | $0.07 | ||||||||||
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 |
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 |
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 |
2020 | $0.04 | $0.04 | $0.02 | $0.02 | $0.06 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.04 | $0.07 |
2019 | $0.05 | $0.05 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 |
2018 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.09 |
2017 | $0.04 | $0.04 | $0.02 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.10 |
2016 | $0.03 | $0.03 | $0.04 | $0.02 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.32 |
2015 | $0.04 | $0.04 | $0.01 | $0.06 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.20 |
2014 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.18 |
2013 | $0.04 | $0.05 | $0.04 | $0.02 | $0.04 | $0.06 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 25.14%, occurring on Dec 5, 2008. Recovery took 156 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-25.14% | Dec 27, 2007 | 238 | Dec 5, 2008 | 156 | Jul 22, 2009 | 394 |
-18.74% | Feb 21, 2020 | 22 | Mar 23, 2020 | 108 | Aug 25, 2020 | 130 |
-13.76% | May 20, 1998 | 109 | Oct 19, 1998 | 595 | Feb 13, 2001 | 704 |
-9.98% | Jan 5, 2022 | 131 | Jul 14, 2022 | 270 | Aug 10, 2023 | 401 |
-7.03% | Jul 26, 2011 | 50 | Oct 4, 2011 | 73 | Jan 19, 2012 | 123 |
Volatility
Volatility Chart
The current Buffalo High Yield Fund volatility is 0.83%, 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.