4 / 5 Stars
5 5 1 5 4
Zacks Investment Research
Standard & Poor's
4 / 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 5.45 percent over the past year, 8.41 percent over the past three years, 16.19 percent over the past five years, and 8.04 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.8%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||16.2%|
|10 Years (Annualized)||8.0%|
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 invests 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). It may invest up to 25% of its net assets in high yield debt instruments of foreign issuers. The fund may invest in fixed income securities of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
Fees are Average compared to funds in the same category.
Columbia High Yield Bond Fund has an expense ratio of 0.82 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.