1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#104 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 5.19 percent over the past year, 5.62 percent over the past three years, and 10.52 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||4.0%|
|3 Years (Annualized)||5.6%|
|5 Years (Annualized)||10.5%|
|10 Years (Annualized)||N/A|
The investment seeks high current income; capital appreciation is a secondary objective. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in income-producing securities. Its portfolio will typically include a high proportion, perhaps even 100%, of high-yield/high-risk securities rated below investment grade. The bonds the fund purchases can be of any maturity but the average effective weighted maturity of the fund's portfolio will normally be within one year of the Barclays Capital U.S. Corporate High-Yield Bond Index. The fund may invest without limit in foreign debt.
Fees are Above Average compared to funds in the same category.
Aquila Three Peaks High Income Fund has an expense ratio of 1.14 percent.
Risk is Low compared to funds in the same category according to Morningstar.