| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
1
1
2
5
5
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
2 / 5 Stars
|
|
TheStreet.com
C+
(Hold)
|
#79 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.
Performance
The fund has returned 10.26 percent over the past year, and 7.63 percent over the past three years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 3.9% |
| 1 Year | 10.3% |
| 3 Years (Annualized) | 7.6% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks a high level of current income. The fund invests at least 80% of its net assets (plus any borrowing for investment purposes) in fixed income securities. It will invest in both fixed rate and floating rate fixed income securities. The fund seeks to invest its net assets across a spectrum of income yielding securities and primarily focuses on investments in high yield bonds (commonly known as "junk" bonds) issued by corporate and municipal issuers, in fixed and floating rate loans made to U.S. and foreign borrowers, and in domestic and foreign corporate bonds consisting primarily of asset backed securities and bank loans.
Fees
Fees are Above Average compared to funds in the same category.
CNI Charter Fixed Income Opportunities Fund has an expense ratio of 1.12 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
