3 / 5 Stars
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Zacks Investment Research
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 11.18 percent over the past year, 9.38 percent over the past three years, 8.49 percent over the past five years, and 8.14 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.1%|
|3 Years (Annualized)||9.4%|
|5 Years (Annualized)||8.5%|
|10 Years (Annualized)||8.1%|
The investment seeks to provide a high level of current income; the fund's secondary objectives are to seek growth of income and capital. The fund currently invests primarily in high yield, high risk corporate bonds (commonly referred to as "junk bonds" which are rated lower than investment grade (i.e., bonds rated lower than Baa by Moody's Investors Service, Inc. ("Moody's") or lower than BBB by Standard & Poor's Ratings Group ("S&P")) or are unrated and of comparable quality as determined by the investment adviser.
Fees are High compared to funds in the same category.
Eaton Vance Income Fund of Boston Fund has an expense ratio of 1.77 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.