3 / 5 Stars
4 4 1 2 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
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 13.31 percent over the past year, 10.23 percent over the past three years, 9.50 percent over the past five years, and 8.49 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.6%|
|3 Years (Annualized)||10.2%|
|5 Years (Annualized)||9.5%|
|10 Years (Annualized)||8.5%|
The investment seeks to provide shareholders with high current income as its primary objective and, as its secondary objective, capital growth. Under normal market conditions, the fund will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) in high-yield debt instruments (commonly referred to as "junk" bonds or securities). Up to 25% of the fund's net assets may be invested in high yield debt instruments of foreign issuers. It may invest in fixed income securities of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
Fees are High compared to funds in the same category.
Columbia High Yield Bond Fund has an expense ratio of 1.79 percent.
Risk is Average compared to funds in the same category according to Morningstar.