3 / 5 Stars
Zacks Investment Research
1 (Strong Buy)
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 6.65 percent over the past year, 7.88 percent over the past three years, 13.66 percent over the past five years, and 6.99 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.5%|
|3 Years (Annualized)||7.9%|
|5 Years (Annualized)||13.7%|
|10 Years (Annualized)||7.0%|
The investment seeks high current income and capital appreciation, secondarily. The fund invests primarily in high yield, high risk bonds, with intermediate maturities, including distressed securities that are in default. Under normal circumstances, it will invest at least 80% of its assets in high yield, high risk bonds, also known as "junk" bonds. The fund is non-diversified.
Fees are High compared to funds in the same category.
Calvert High Yield Bond Fund has an expense ratio of 2.10 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.