Bond Fund

MGFIX Morningstar Risk-Adjusted Ratings as of July 31, 2010
Overall Rating 3 Years 5 Years 10 Years Category

(of 991 Funds)
(of 991 Funds)
(of 862 Funds)
(of 520 Funds)		 Intermediate-Term Bond


For additional information regarding the Fund’s management, investment philosophy, and investment process, please download the product profile.

Objective

The Managers Bond Fund seeks to achieve a high level of current income from a diversified portfolio of fixed income securities.

Fund Focus

With a primary focus on issue selection and credit research, the Managers Bond Fund invests at least 80% of its assets in a diversified portfolio of bonds. Normally this Fund invests at least 65% of its total assets in investment-grade corporate bonds, mortgage-related and other asset-backed securities and securities issued or guaranteed by the U.S. Government, its agencies or instrumentalities. Up to 10% of the total assets of this Fund may be invested in non-U.S. Dollar-denominated instruments.

Where This Mutual Fund May Fit As Part Of Your Asset Allocation

The Managers Bond Fund may be appropriate for your overall investment allocation if you are:

  • Looking to gain exposure to bonds
  • Seeking an opportunity for additional fixed income returns
  • Willing to accept short-term volatility of returns

Fund Facts

Bond Fund
Investment Style Investment Grade Debt
Benchmark(s) Barclays Capital U.S. Government/Credit Bond
Subadvisor(s) Loomis, Sayles & Company, L.P.
Net Assets $2,172,621,019
Ticker MGFIX
Cusip 561717505
Inception Date 6/01/1984
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100
Expense Ratio (Gross / Net) 1.10% / 0.99%
Maximum Sales Charges N/A
12b-1 fees N/A

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment, and does not incur expenses.

Annual expense ratio as of 04/01/2010. Managers Investment Group LLC (the “Investment Manager”) has contractually agreed, until at least April 1, 2011, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest, brokerage commissions, acquired fund fees and expenses, and extraordinary items) to 0.99% of the average daily net assets of the Fund, subject to later reimbursement by the Fund in certain circumstances.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metric.

Morningstar Rating is for the share class indicated only (see ticker), other share classes may have different performance characteristics. The Ranking may reflect the waiver of all or a portion of the fund's fees. Without such waiver, the Rankings may have been lower.

© 2010 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Downloadable Documents
Fund Pricing 09/02/10
NAV: $25.76
NAV $ Change: -$0.02
NAV % Change: -0.08%
YTD Return (as of 08/31/10)
- at NAV 9.62%
- with Load
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