3 / 5 Stars
2 1 2 3 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#73 in High Yield Bond
U.S. News evaluated 166 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 8.68 percent over the past year, 8.04 percent over the past three years, 9.11 percent over the past five years, and 7.53 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.6%|
|3 Years (Annualized)||8.0%|
|5 Years (Annualized)||9.1%|
|10 Years (Annualized)||7.5%|
The investment seeks long-term growth of capital as a secondary objective. The fund normally invests at least 80% of its net assets in higher-yielding, higher-risk debt securities rated below investment grade by the major rating agencies, or in similar unrated securities. It may invest in both rated and unrated debt from U.S. issuers, including U.S. government obligations. The fund invests in U.S. Treasury securities with maturities of 60 days or less. While it maintains flexibility to invest in bonds of varying maturities, the fund generally holds bonds with intermediate-term maturities.
Fees are Above Average compared to funds in the same category.
Buffalo High Yield Fund has an expense ratio of 1.02 percent.
Risk is Low compared to funds in the same category according to Morningstar.