My Fund Comparison
Initilizing list...
|
Managed High Yield Plus Fund Inc. - Dividend Declaration and Fund Statistics
UBS Global Asset Management
NEW YORK--(BUSINESS WIRE)-- Managed High Yield Plus Fund Inc. (the "Fund") (NYSE: HYF), a closed-end management investment company, today announced that the Fund’s Board of Directors has declared a dividend from net investment income of $0.0156 per share. The dividend is payable on April 30, 2012 to shareholders of record as of April 19, 2012. The ex-dividend date is April 17, 2012.
Managed High Yield Plus Fund Inc. seeks high income and, secondarily, capital appreciation, primarily through investments in lower-rated, income producing debt and related equity securities.
|
|
|
|
|
|
| Portfolio statistics as of March 31, 20121 |
|
|
|
|
|
|
|
|
|
|
|
| Top ten corporate bonds, including coupon and maturity |
|
|
|
|
Percentage of total portfolio assets |
| SquareTwo Financial Corp., 11.625%, 4/1/2017 |
|
|
|
|
1.6% |
| Ryerson Inc., 12.000%, 11/1/2015 |
|
|
|
|
1.3% |
| FireKeepers Development Authority, 13.875%, 5/1/2015 |
|
|
|
|
1.2% |
| Intelsat Jackson HLDG, 11.250%, 6/15/2016 |
|
|
|
|
1.2% |
| NRG Energy Inc, 8.500%, 6/15/2019 |
|
|
|
|
1.2% |
| Ford Motor Credit Co LLC, 12.000%, 5/15/2015 |
|
|
|
|
1.2% |
| Sunguard Data Systems Inc, 10.250%, 8/15/2015 |
|
|
|
|
1.1% |
| CF Industries INC, 7.125%, 5/1/2020 |
|
|
|
|
1.1% |
| Diamond Resorts Corp., 12.000%, 8/15/2018 |
|
|
|
|
1.0% |
| MGM Resorts INTL, 10.000%, 1/11/2016 |
|
|
|
|
1.0% |
|
|
|
|
|
|
|
Top five industries
|
|
|
|
|
|
|
Energy - exploration & production
|
|
|
|
|
6.8%
|
|
Gaming
|
|
|
|
|
5.6%
|
|
Support services
|
|
|
|
|
5.2%
|
|
Telecom - integrated/services
|
|
|
|
|
5.1%
|
|
Chemicals
|
|
|
|
|
4.2%
|
|
|
|
|
|
|
|
Credit quality2
|
|
|
|
|
|
|
Ba/BB and higher
|
|
|
|
|
35.3%
|
|
B/B
|
|
|
|
|
44.4%
|
|
Caa/CCC and lower
|
|
|
|
|
15.9%
|
|
Equity/preferred
|
|
|
|
|
0.0%3
|
|
Cash equivalents
|
|
|
|
|
3.5%
|
|
Not Rated
|
|
|
|
|
0.9%
|
|
Total
|
|
|
|
|
100.0%
|
|
|
|
|
|
|
|
Other characteristics
|
|
|
|
|
|
|
Net asset value per share4
|
|
|
|
|
$2.14
|
|
Market price per share4
|
|
|
|
|
$2.19
|
|
Weighted average maturity
|
|
|
|
|
4.7 yrs
|
|
Weighted average modified duration5
|
|
|
|
|
3.6 yrs
|
|
Weighted average coupon6
|
|
|
|
|
7.4%
|
|
Leverage7
|
|
|
|
|
20.57%
|
|
Yields4
|
|
|
|
|
|
|
NAV yield
|
|
|
|
|
8.75%
|
|
Market yield
|
|
|
|
|
8.55%
|
|
|
|
|
|
|
1 The Fund is actively managed, and its portfolio composition will vary over time.
2 Credit quality ratings are from Moody’s, unless that rating is unavailable. If so, the default credit quality rating will be from Standard & Poor's; if that is unavailable, an internal rating from UBS Global AM will be used if assigned. Standard & Poor's ("S&P") is a division of The McGraw-Hill Companies, Inc.
3 Weighting represents less than 0.05% of the total portfolio assets.
4 Net asset value (NAV), market price and yields will fluctuate. NAV yield is calculated by multiplying the current month’s dividend by 12 and dividing by the month-end net asset value. Market yield is calculated by multiplying the current month’s dividend by 12 and dividing by the month-end market price.
5 Modified duration is the change in the price of a security, expressed in years, expected in response to each 1% change in the yield to maturity of the portfolio's holdings.
6 Weighted by par.
7 As a percentage of adjusted net assets. Adjusted net assets equals total assets minus total liabilities, excluding liabilities for borrowed money.
|
|