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Mortgage-Backed Securities Fund - Select (OMBIX)

Mortgage-Backed Securities Fund - Select (OMBIX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Ex-date Reinvest NAV Dividend paid
10/28/2015 $11.34 0.028000000
9/28/2015 $11.38 0.025000000
8/27/2015 $11.35 0.029000000
7/29/2015 $11.32 0.031000000
6/26/2015 $11.28 0.035000000
5/27/2015 $11.38 0.026000000
4/28/2015 $11.42 0.029000000
3/27/2015 $11.42 0.029000000
2/25/2015 $11.39 0.025000000
1/29/2015 $11.44 0.026000000
12/30/2014 $11.34 0.038000000
11/28/2014 $11.40 0.027000000
Capital gains
Ex-date Reinvest NAV Short term Long term
12/12/2014 $11.41 0.000000000 0.011840000
12/12/2013 $11.27 0.000000000 0.009450000
Dividends Monthly
Capital gains Annually

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

The Fund may invest in collateralized mortgage obligations (CMOs), Mortgage-related, and asset-backed securities which are subject to certain risks. Under normal circumstances, the Fund will invest at least 80% of its assets in mortgage-backed securities, and as a matter of policy at least 65% of the Fund's assets in bonds.

The Fund may invest up to 10% of its assets in "sub-prime" mortgage-related securities. The risk of defaults is generally higher in the case of mortgage-backed investments that include so-called "sub-prime" mortgages. The structure of some of these securities may be complex and there may be less available information than other types of debt securities.

The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

Total return assumes reinvestment of income.