3 / 5 Stars
5 4 2 4 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#31 in High Yield Bond
U.S. News evaluated 179 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 12.29 percent over the past year, 9.31 percent over the past three years, 14.44 percent over the past five years, and 7.83 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.3%|
|3 Years (Annualized)||9.3%|
|5 Years (Annualized)||14.4%|
|10 Years (Annualized)||7.8%|
The investment seeks to provide a high level of current income; growth of capital is a secondary investment objective. The fund invests at least 80% of its net assets in fixed-income securities, including preferred stocks (many of which have fixed maturities), senior and subordinated floating rate loans ("bank loans") and convertible securities. It invests primarily in high yield, high risk corporate bonds (commonly referred to as "junk bonds"). The fund invests a substantial portion of its assets in bonds issued in connection with mergers, acquisitions and other highly-leveraged transactions.
Fees are Above Average compared to funds in the same category.
Eaton Vance High Income Opportunities Fund has an expense ratio of 0.92 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.