3 / 5 Stars
2 1 2 4 4
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 168 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 6.03 percent over the past year, 7.48 percent over the past three years, 13.77 percent over the past five years, and 7.03 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||3.7%|
|3 Years (Annualized)||7.5%|
|5 Years (Annualized)||13.8%|
|10 Years (Annualized)||7.0%|
The investment seeks a high total return through current income and capital appreciation. Under normal market conditions, the fund's assets are invested primarily in income-producing debt securities, with an emphasis on the higher rated segment of the high-yield (junk bond) market. These income-producing debt securities include corporate debt securities as well as bank loans. The fund will purchase only securities rated B or above. Up to 25% of the fund's net assets may be in foreign investments. 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 High compared to funds in the same category.
Columbia Income Opportunities Fund has an expense ratio of 1.67 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.