2 / 5 Stars
1 1 1 1 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
#91 in High Yield Bond
U.S. News evaluated 168 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 10.52 percent over the past year, 7.69 percent over the past three years, and 11.42 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||8.4%|
|3 Years (Annualized)||7.7%|
|5 Years (Annualized)||11.4%|
|10 Years (Annualized)||N/A|
The investment seeks to provide investment results that correspond generally to the total return of the high yield market consistent with maintaining reasonable liquidity. The fund invests primarily in derivatives, money market instruments and U.S. Treasury obligations that the adviser believes, in combination, should provide investment results that correspond to the high yield market. It may invest up to 25% of its assets in foreign securities or financial instruments with respect to foreign securities. It is non-diversified.
Fees are High compared to funds in the same category.
Access Flex High Yield Fund has an expense ratio of 1.77 percent.
Risk is High compared to funds in the same category according to Morningstar.