About BUFHX
Buffalo High Yield Fund is a mutual fund that seeks current income and long-term growth of capital by investing primarily in high yield securities. It normally allocates at least 80% of its net assets to higher-yielding, higher-risk debt securities rated below investment grade, known as junk bonds, with a focus on those offering yields higher than justified by their credit metrics based on internal research. The fund targets companies with leading market positions, free cash flow generation, strong management, and stable industries, often selecting small-to-medium issue sizes for potential attractive risk-adjusted returns. Its portfolio typically features intermediate-term maturities, including corporate bonds, bank loans, convertible bonds, preferred stocks, and cash equivalents, while maintaining flexibility for investment grade debt, U.S. Treasuries, money market funds, and limited equity like dividend-paying or convertible stocks. Buffalo High Yield Fund distributes dividends monthly and belongs to the high yield bond category, benchmarked against the ICE BofA U.S. High Yield Index. Founded in 1995 and managed by Buffalo Funds, it provides investors access to a diversified selection of approximately 180 holdings in the non-investment grade debt market.
Fund Family Buffalo
Category High Yield Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol BUFHX
Share Class Investor Class
Index Index is not available on Lipper Database
BUFHX had a total return of 3.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.51%.
