MADISON, Wis., April 2, 2015 (GLOBE NEWSWIRE) -- Thompson IM Funds, Inc. is pleased to announce that the Thompson Bond Fund (THOPX) has won the prestigious 2015 Lipper Fund Award as Best Fund for its 10-year performance in the Short-Intermediate Investment-Grade Debt Funds Category as of 11/30/2014. The Fund is ranked #1 out of 31 mutual funds in the category. We are honored to receive this recognition from Lipper, a respected leader in mutual fund research and analysis for more than 40 years.
"This award acknowledges our focus on competitive long-term performance across a multitude of different market environments," says James T. Evans, Co-portfolio Manager of the Thompson Bond Fund. "The risks and opportunities available to short-duration bond investors are constantly changing, and our goal is always 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.
A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user's own risk. This is not an offer to buy or sell securities. Lipper-a Thomson Reuters company is an independent mutual fund research and rating service.
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 are distributed by Quasar Distributors, LLC.