Investment Strategies

Taxable Income - Aquila Three Peaks High Income Fund

Research has demonstrated that high-yield corporate bonds have provided returns that are very competitive with equities, and have done so with roughly half the volatility of the equity market. Through the time-tested strategy employed in managing Aquila Three Peaks High Income Fund, we seek to further reduce potential sources of volatility.

We avoid highly-cyclical industries in which corporations may issue high-yield debt near a cyclical peak and struggle to keep up with debt payments during a cyclical trough.

We avoid securities with equity-like volatility characteristics such as common stock, preferreds, convertibles, payment-in-kind bonds, and zero-coupon bonds, which are frequently found in other high-yield fund portfolios.

Through highly-detailed research, we strive to identify companies with accessible and competent management teams that have successfully employed the leverage of high-yield debt to grow the business, that have demonstrated the ability to generate free cash flow, and that are committed to improving the corporate balance sheet.

Before investing in one of the Aquila Group of Funds, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available from your financial advisor, by clicking here or by calling 800-437-1020.

Risk Factors:. Corporate Bond Fund: This Fund may invest up to 100% of its assets in high-yield bonds that are rated below investment grade. Lower rated bonds generally offer higher yields, but also involve a greater degree of credit risk and default risk than higher rated bonds. The return of principal for the bond holdings in this fund is not guaranteed.


Home About Us Overview Our Approach Investment Strategies Reasons to Choose Aquila Our History Our People Funds Tax-Free Trust of Arizona Tax-Free Fund of Colorado Hawaiian Tax-Free Trust Churchill Tax-Free Fund of Kentucky Tax-Free Trust of Oregon Aquila Narragansett Tax-Free Income Fund (RI) Tax-Free Fund For Utah Aquila Three Peaks High Income Fund Aquila Three Peaks Opportunity Growth Fund My Accounts Resources Literature Prospectus/Reports/More Forms Articles/Announcements Financial Professionals Contact Us
Overview Our Approach Investment Strategies > Tax-Exempt Income > Taxable Income > Capital Appreciation Reasons to Choose Aquila Our History Our People Investment Strategies Taxable Income - Aquila Three Peaks High Income Fund Research has demonstrated that high-yield corporate bonds have provided returns that are very competitive with equities, and have done so with roughly half the volatility of the equity market. Through the time-tested strategy employed in managing Aquila Three Peaks High Income Fund, we seek to further reduce potential sources of volatility. We avoid highly-cyclical industries in which corporations may issue high-yield debt near a cyclical peak and struggle to keep up with debt payments during a cyclical trough. We avoid securities with equity-like volatility characteristics such as common stock, preferreds, convertibles, payment-in-kind bonds, and zero-coupon bonds, which are frequently found in other high-yield fund portfolios. Through highly-detailed research, we strive to identify companies with accessible and competent management teams that have successfully employed the leverage of high-yield debt to grow the business, that have demonstrated the ability to generate free cash flow, and that are committed to improving the corporate balance sheet. Before investing in one of the Aquila Group of Funds, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available from your financial advisor, by clicking here or by calling 800-437-1020. Risk Factors:. Corporate Bond Fund: This Fund may invest up to 100% of its assets in high-yield bonds that are rated below investment grade. Lower rated bonds generally offer higher yields, but also involve a greater degree of credit risk and default risk than higher rated bonds. The return of principal for the bond holdings in this fund is not guaranteed.

Site Map; Terms and Conditions; Privacy Policy; Employment Opportunities Copyright © 2013 Aquila Distributors, Inc. All rights reserved.