1 / 5 Stars
1 1 2 1 5
Zacks Investment Research
5 (Strong Sell)
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 4.30 percent over the past year, 6.00 percent over the past three years, 13.20 percent over the past five years, and 5.62 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.4%|
|3 Years (Annualized)||6.0%|
|5 Years (Annualized)||13.2%|
|10 Years (Annualized)||5.6%|
The investment seeks the highest level of current income obtainable with reasonable risk; capital gain is a secondary objective. The fund invests primarily in a diversified portfolio of high yield fixed-income securities (often referred to as "junk bonds") issued by both U.S. and foreign companies. It normally invests at least 80% of its net assets (plus any borrowings) in high yield fixed-income securities. The fund may invest in both convertible and non-convertible high yield bonds, and each shall be considered high yield fixed-income securities for purposes of its policy of investing at least 80% of its net assets (plus any borrowings) in junk bonds.
Fees are High compared to funds in the same category.
Calamos High Income Fund has an expense ratio of 1.93 percent.
Risk is Average compared to funds in the same category according to Morningstar.