Fund Research for William Blair Income I (BIFIX)

  • Fund Overview

    Fund Inception Date: Oct 01, 1999
    Category: Short-Term Bond
    Overall Risk: Above Average
    Fund Family: William Blair
    Return Since Inception: 4.63%
    YTD Return: 11.09%
    Yield (TTM): 5.04%
    Net Assets: 81.73 M
    Morningstar Rating:
    3 of 5
    The investment seeks a high level of current income. The fund invests primarily in a diversified portfolio of intermediate-term income-producing securities, that are rated in one of the top three categories. The funds' investments are subject to certain maturity and duration restrictions, by which the fund seeks approximate the total returns of the Lehman Intermediate Government / Credit Bond Index while also providing investors with the additional security of shorter-term obligations.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player
    Details
    Average Eff Duration 3.83 Yrs
    Average Eff Maturity 5.07 Yrs
    Average Credit Quality AA
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/30/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 10/31/1999 to 10/31/2009
    Mouseover the chart to see values for each month.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player

    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 11.09% 13.85% 3.17% 3.33% 4.62% 4.63%
    +/- Category 1.23% 2.57% -0.40% -0.06% 0.41% —
    +/- Barclays US Aggregate Bond TR USD — — — — 6.31% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 9.60% 14.98% 3.00% 2.95% 4.62% 4.63%
    Quarter (as of 09/30/2009) 8.81% 10.63% 2.94% 2.93% — 4.59%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/30/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/30/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 10/01/1999
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    US Government 5.61%
    Mortgage 27.22%
    Credit 52.96%
    Foreign 9.44%
    Cash 4.77%
    Bond Quality
    AAA 35.10%
    AA 15.30%
    A 40.70%
    BBB 8.90%
    BB 0.00%
    B 0.00%
    Below B 0.00%
    Not Rated 0.00%

    Asset Allocation

    Short Long Net Assets
    Cash — 4.77% 4.77%
    Stocks — 0.00% 0.00%
    Bonds — 95.23% 95.23%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 0.00% 0.00%
    Data as of 05/31/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    + Repurchase Agreement — 3.29 M 3.29 M 2.71%
    - FHLMC 6.5% 07/01/2022 2.31 M 2.5 M 2.06%
    - FNMA 7% 07/01/2020 2.09 M 2.29 M 1.88%
    = US Treasury Note 5.125% 05/15/2016 2 M 2.27 M 1.87%
    = Exelon Generation 6.2% 10/01/2017 2 M 2.12 M 1.75%
    = Corporacion Nacl Del Cobre 144A 4.75% 10/15/2014 1.82 M 1.92 M 1.58%
    = Intl Busn Machs 5.7% 09/14/2017 1.75 M 1.91 M 1.58%
    = Sbc Comms 5.1% 09/15/2014 1.75 M 1.89 M 1.56%
    = VERIZON COMMUNICATIONS 11/01/2018 1.48 M 1.87 M 1.54%
    = Jpmorgan Chase 6.125% 06/27/2017 1.75 M 1.85 M 1.52%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 08/31/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 05/01/2009
    Expense Ratio (based on net assets) 0.72%
    Taken from annual report dated 12/31/2008

  • Fund Management