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Helena Lee, CFA

Portfolio Manager, Senior Research Analyst



  • 23 YRS


  • 9 YRS


  • B.S. from Columbia University
  • B.A. from Barnard College
  • M.B.A. from University of Chicago

Helena Lee, CFA, serves as portfolio manager for the Preferred Securities & Income strategy and as a senior research analyst on the Investment Grade Debt team with analytical responsibilities for the financial services industry. Prior to joining the Firm, she held analyst roles at Bank of America Securities, Prudential Equity Group and The Federal Reserve Bank of New York.

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  • B.S. from Columbia University
  • B.A. from Barnard College
  • M.B.A. from University of Chicago
Investment Grade Debt Team
Krishna Memani

Chief Investment Officer, Portfolio Manager

Peter Strzalkowski, CFA

Investment Grade Debt Team Co-Lead, Portfolio Manager

Darrin Clough, CFA

Senior Research Analyst

Megan Johnston Rand, CFA

Senior Research Analyst

Avinand Jutagir, CFA

Senior Research Analyst

Young-Sup Lee

Investment Grade Debt Team Co-Lead, Director of Fixed Income Research

Jill Reiter, CFA

Senior Research Analyst

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Managed Funds

Average Annual Total Returns (%) as of 3/31/18
  • A
Fund Name Managed Since YTD as of
  • 4/20/18
  • B,C
1 Yr 3 Yr 5 Yr 10 Yr Life Expense Ratio (%)
Preferred Securities and Income Fund A - OPRAX (NAV) 2/12/2018
Preferred Securities and Income Fund A - OPRAX (with Sales Charge) 2/12/2018

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. All fund returns include change in share price, reinvested distributions and the sales charges as listed below, unless "without sales charge" is indicated. Returns do not consider capital gains or income taxes on an individual's investment. Class A Share returns include a maximum sales charge of 5.75% (equity), 4.75% (most fixed income), 3.5% (Senior Floating Rate Fund, Senior Floating Rate Plus), 2.25% ("limited term" fixed income funds) and 0% (Money Market Funds). Class B Share returns include contingent deferred sales charge as follows:  For years 1 - 6 respectively, charges are 5%, 4%, 3%, 3%, 2%, 1% except for "limited term" fixed income funds (4%, 3%, 2%, 2%, 1%, 0%) and Senior Floating Rate (3%, 2% 1.5%, 1.5%, 1%, 0%). Class C Share returns include a 1% contingent deferred sales charge and are subject to an annual asset-based sales charge of 0.75%. Class R  are subject to an annual asset-based sales charge of 0.25%. Annual asset-based sales charges are applied as follows: 0.75% on Class B/C; and 0.25%  for Class R shares. Prior to 7/1/14, Class R shares were named Class N shares and were subject to a 1% CDSC (18 months). Class Y shares are not subject to a sales charge. 

On 2/22/2008 and 3/31/2008 for RWL, the last trade price was used to calculate market return because 4:00pm EST midpoint bid/ask prices are not available on those dates. On 9/30/2008, the last trade price for RWL was used to calculate market return because an uncorrected, failed trade resulted in an incorrect 4:00pm EST midpoint bid/ask price on that date. On 2/22/2008 and 3/31/2008 for RWJ, the last trade price was used to calculate market return because 4:00pm EST midpoint bid/ask prices are not available on those dates.

The NAV return is based on the net asset value of the Fund and the market return (MKT) is based on the market price per share of the Fund. The price used to calculate MKT is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the Fund are listed for trading when the Fund's NAV is calculated at market close. MKT and NAV assume dividends and capital gain distributions have been reinvested in the Fund at market price and NAV, respectively. Returns less than one year are cumulative.

  1. 1. Index Definition: The ICE BofA Merrill Lynch Fixed Rate Preferred Securities Index tracks the performance of fixed rate US dollar denominated preferred securities issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of NRSROs). In addition, qualifying securities must be issued as public securities or through a 144a filing, must be issued in $25, $50, or $100 par/liquidation preference increments, must have a fixed coupon or dividend schedule and must have a minimum amount outstanding of $100 million. The Index includes preference shares (perpetual preferred securities), American Depository Shares/Receipts (ADS/R), domestic and Yankee trust preferred securities having a minimum remaining term of at least one year, both DRD-eligible and non-DRD eligible preferred stock and senior debt. The index is unmanaged and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict the performance of the Fund. Past performance does not guarantee future results.
  2. 2. This is a new fund with a limited operating history and an inception date of 2/12/18.
  3. A. Returns are preliminary and subject to change until the first business day of the month.
  4. B. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7 p.m. ET daily.
  5. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges.  These returns would be lower if sales charges were taken into consideration.  Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
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