3 / 5 Stars
4 4 2 5 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#35 in High Yield Bond
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 8.18 percent over the past year, 7.74 percent over the past three years, 17.83 percent over the past five years, and 7.70 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.5%|
|3 Years (Annualized)||7.7%|
|5 Years (Annualized)||17.8%|
|10 Years (Annualized)||7.7%|
The investment seeks a high level of current income primarily through investment in below-investment grade debt securities. The fund will invest, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in high yield fixed income securities of corporate issuers located in the United States rated below investment grade. It may invest up to 20% of its assets in securities of issuers located in developed and emerging market foreign countries. The fund also may invest up to 20% of its assets in equity and equity-related securities. The fund's average portfolio duration ranges from two to six years.
Fees are Above Average compared to funds in the same category.
Consulting Group High Yield Investments Fund has an expense ratio of 0.78 percent.
Risk is Average compared to funds in the same category according to Morningstar.