DDJ Capital Management, LLC
Stony Brook Office Park
130 Turner Street
Building 3, Suite 600
Waltham, MA 02453
The DDJ Opportunistic High Yield Fund is not suitable for all investors and an investor in the DDJ Opportunistic High Yield Fund should consider the Fund's investment objectives, risks, and charges and expenses carefully before investing. This and other important information is contained in the Fund's summary prospectus and prospectus, which can be obtained by calling the Fund’s transfer agent at 844-363-4898 or by clicking here . Investors are encouraged to carefully read such materials before investing.
Investing in mutual funds involves risk, and loss of principal is possible. The Fund targets investments in high yield, or below investment grade, fixed income securities. Such investments are subject to several types of investment risk, including, without limitation, credit risk (i.e., the risk that the issuer may be unable to make timely interest payments as well as repay the principal upon maturity), interest rate risk (i.e., the risk that their value will be inversely affected by fluctuations in the prevailing interest rates), market risk (i.e., the risk that their value may decline, sometimes rapidly or unpredictably, due to general market conditions), call or income risk, (i.e., the risk that certain debt securities with high interest rates will be prepaid or “called” by the issuer before they mature), and event risk (i.e., the risk that certain debt securities may suffer a substantial decline in credit quality and market value if the issuer restructures). In particular, debt investments in high yield issuers, which are described as speculative by major credit rating agencies and commonly referred to as “junk bonds”, are generally more susceptible to credit risk than other fixed income investments. In addition, the Fund’s high yield debt investments, including bank loans and Rule 144A securities, are subject to liquidity risk, as the Fund may not be able to sell investments at the best prices or at the value that the Fund places on them. The Fund also may target investments in equity securities, typically in high yield or leveraged issuers. Such investments, which are the most junior security in a company’s capital structure and typically subject to significant volatility in price, are subject to equity securities risk. An investor should be aware that the foregoing is not an exhaustive list of all of the risks associated with investing in the Fund.
Diversification within the Fund does not assure a profit nor protect against loss in a declining market.
The DDJ Opportunistic High Yield Fund is distributed by ALPS Distributors, Inc., 1290 Broadway, Ste. 1100, Denver, CO 80203. ALPS Distributors, Inc. is not affiliated with DDJ Capital Management, LLC.
Not FDIC Insured - No Bank Guarantee - May Lose Value
© 2018 DDJ Capital Management, LLC. All rights reserved.
Commentary
July 31 2018
CIO's Perspective 2018 Half-Time Leveraged Credit Review and OutlookApril 30 2018
Rising Rates: An Attractive Environment for the Lower-tier of the High Yield MarketJanuary 31 2018
CIO's Perspective 2017 Leveraged Credit Review and 2018 OutlookNovember 30 2017
Second-Lien Loans: Increased Use in LBO FinancingPast white paper topics include the following:
The above referenced is available upon request. Please email investorrelations@ddjcap.com or call 781-283-8500.