Artisan High Income Fund Quote
| ARTFX Fund | USD 8.89 0.03 0.34% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Artisan High is trading at 8.89 as of the 23rd of April 2024; that is 0.34 percent up since the beginning of the trading day. The fund's open price was 8.86. Artisan High has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Artisan High Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Under normal circumstances, the fund will invest primarily in instruments that are rated, at the time of purchase, below investment grade or Fitch, Inc. or below Baa3 by Moodys Investors Service, Inc. , or comparably rated by another nationally recognized statistical rating organization , or unrated but determined by Artisan Partners to be of comparable quality.. More on Artisan High Income
Moving together with Artisan Mutual Fund
| 0.81 | APDWX | Artisan Value Me | PairCorr |
| 0.85 | APDYX | Artisan Developing World | PairCorr |
| 0.82 | APDTX | Artisan Thematic | PairCorr |
| 0.75 | APDSX | Artisan Small Cap | PairCorr |
| 0.67 | APDUX | Artisan Floating Rate | PairCorr |
| 0.71 | APDOX | Artisan Emerging Markets | PairCorr |
Moving against Artisan Mutual Fund
| 0.46 | BXECX | Barings Emerging Markets | PairCorr |
Artisan Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Artisan High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Artisan High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Fund Concentration | Artisan Partners Funds, Large Funds, High Yield Bond Funds, Junk Bonds Funds, Corporate Bonds Funds, Money Market Funds, High Yield Bond, Artisan Partners Funds, Large, High Yield Bond (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Artisan High Income [ARTFX] is traded in USA and was established 23rd of April 2024. Artisan High is listed under Artisan Partners Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Artisan Partners Funds family. The entity is thematically classified as Junk Bonds Funds. This fund presently has accumulated 6.53 B in assets under management (AUM) with no minimum investment requirementsArtisan High Me is currently producing year-to-date (YTD) return of 0.28% with the current yeild of 0.0%, while the total return for the last 3 years was 2.51%.
Check Artisan High Probability Of Bankruptcy
Instrument Allocation
Artisan High Target Price Odds Analysis
Based on a normal probability distribution, the odds of Artisan High jumping above the current price in 90 days from now is about 56.92%. The Artisan High Income probability density function shows the probability of Artisan High mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Artisan High has a beta of 0.1256. This suggests as returns on the market go up, Artisan High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Artisan High Income will be expected to be much smaller as well. Additionally, artisan High Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Artisan High to move above the current price in 90 days from now is about 56.92 (This Artisan High Income probability density function shows the probability of Artisan Mutual Fund to fall within a particular range of prices over 90 days) .
Artisan High Top Holders
| FPIOX | Strategic Advisers Income | Mutual Fund | High Yield Bond |
Artisan High Me Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Artisan High market risk premium is the additional return an investor will receive from holding Artisan High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Artisan High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Artisan High's alpha and beta are two of the key measurements used to evaluate Artisan High's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1511 | |||
| Semi Deviation | 0.1537 | |||
| Standard Deviation | 0.2208 | |||
| Variance | 0.0487 |
Artisan High Against Markets
Picking the right benchmark for Artisan High mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Artisan High mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Artisan High is critical whether you are bullish or bearish towards Artisan High Income at a given time. Please also check how Artisan High's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Artisan High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
| All Next | Launch Module |
How to buy Artisan Mutual Fund?
Before investing in Artisan High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Artisan High. To buy Artisan High fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Artisan High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Artisan High fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Artisan High Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Artisan High Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Artisan High Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Artisan High Income?
The danger of trading Artisan High Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Artisan High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Artisan High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Artisan High Me is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan High Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Artisan High Me information on this page should be used as a complementary analysis to other Artisan High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.