3 / 5 Stars
2 2 2 3 3
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 174 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 7.25 percent over the past year, 7.17 percent over the past three years, 14.95 percent over the past five years, and 7.24 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.1%|
|3 Years (Annualized)||7.2%|
|5 Years (Annualized)||15.0%|
|10 Years (Annualized)||7.2%|
The investment seeks a high level of current income and capital growth. The fund invests at least 80% of its net assets (plus borrowings made for investment purposes) in high yield securities ("junk bonds"), which are fixed income securities rated below investment grade or unrated and determined to be of similar quality. It invests across the entire range of maturities of high yield securities. The fund may utilize foreign currency exchange contracts, options, stock index futures contracts, warrants and other derivative instruments.
Fees are High compared to funds in the same category.
AllianzGI High Yield Bond Fund has an expense ratio of 1.70 percent.
Risk is Average compared to funds in the same category according to Morningstar.