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Salient Select Income A

KIFAX
23.97
+0.09
+0.38%
6/23/2017
5 Years
  • Previous Close

    23.88

  • Net Assets

    329.74M

  • Yield

    4.45%

  • Front load

    5.75

  • Expenses

    1.75%

  • Category

    Preferred Stock

  • Morningstar Risk

    High

  • Morningstar Rating ★★★
Profile

Name of Issuer

Salient Funds

Fund Style

Open

Fund Manager

Joel Beam

Investment Style

Small Value

The investment seeks high current income and potential for modest long-term growth of capital. Under normal conditions, the fund invests at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. It invests primarily in securities of companies in the real estate industry, such as real estate investment trusts ("REITs"), master limited partnerships and other real estate firms.

Purchase Information

Initial Purchase 2,500
Initial Purchase: IRA NA
Initial Purchase: AIP 500

Inception

3/30/2001

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