MADISON, Wis., March 29, 2017 (GLOBE NEWSWIRE) -- Thompson IM Funds, Inc. is pleased to announce that the Thompson Bond Fund (THOPX) has won the prestigious 2017 Lipper Fund Award as Best Fund for its 10-year performance in the Short-Intermediate Investment-Grade Debt Funds Category as of 11/30/2016. The Fund is ranked #1 out of 32 mutual funds in the category. This is the second time the Thompson Bond Fund has won this same award. It did so in 2015 as well. We are honored to receive this recognition from Lipper, a respected leader in mutual fund research and analysis for more than 40 years.
“We are especially honored to be a two-time recipient of an award that recognizes our focus on competitive long-term performance across a variety of different market environments,” says John W. Thompson, President of Thompson IM Funds, Inc. “The risks and opportunities available to short-duration bond investors are constantly changing. My Co-portfolio Managers, James T. Evans and Jason L. Stephens, and I strive to adjust the Fund accordingly to give shareholders the best chance to achieve competitive risk-adjusted returns.”
The Thompson Bond Fund is a Short-Term fund co-managed by James T. Evans, Jason L. Stephens and John W. Thompson. The portfolio is structured to maintain a maximum portfolio duration and a minimum typical credit quality for bonds in the portfolio at all times. Within these constraints, and based on market conditions, we rotate the Fund’s holdings between longer and shorter maturity bonds, as well as between sectors of the market such as government, corporate and agency debt. The Fund’s goal is to produce a competitive total return for investors seeking a short-duration bond portfolio.
For more information about the Thompson Bond Fund, visit www.thompsonim.com, or call 1-800-999-0887.
About Thompson IM Funds, Inc.
Thompson IM Funds, Inc. offers three nationally distributed no-load funds – the Thompson LargeCap Fund (THPGX), Thompson MidCap Fund (THPMX) and Thompson Bond Fund (THOPX). Thompson Investment Management, Inc., an independent registered investment advisor based in Madison, Wisconsin, is the advisor to all three funds.
The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and may be obtained by calling 1-800-999-0887 or by visiting www.thompsonim.com. Read carefully before investing.
Mutual fund investing involves risk, principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. The risk is usually greater for longer-term debt securities. Investments in Asset Backed and Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic development Investments in bonds of foreign issuers involve greater volatility, political and economic risks, and differences in accounting methods Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Results include the reinvestment of all dividends and capital gains distributions.
Duration is a commonly used measure of the potential volatility of the price of a debt security, or the aggregate market value of a portfolio of debt securities, prior to maturity. Securities with a longer duration generally have more volatile prices than securities of comparable quality with a shorter duration.
The Thomson Reuters Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award. For more information, see www.lipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.
From Thomson Reuters Lipper Awards, ©2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
Past performance does not guarantee future results.
While the fund is no-load, management and other expenses still apply. Please refer to the Prospectus for more information.
The Thompson IM Funds, Inc. are distributed by Quasar Distributors, LLC.