4 / 5 Stars
5 4 1 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
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 29.39 percent over the past year, and 10.30 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.3%|
|3 Years (Annualized)||10.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks current income. The fund invests in a focused portfolio of cash distributing securities. It will typically invest in the securities of 15 to 50 issuers. To maintain maximum flexibility, the securities in which the fund may invest include corporate debt securities of issuers in the U.S. and foreign countries, bank debt (including bank loans and participations), government and agency debt securities of the U.S. and foreign countries, convertible bonds and other convertible securities, and equity securities, including preferred and common stock, and interests in real estate investment trusts ("REITs"). It is non-diversified.
Fees are Above Average compared to funds in the same category.
Fairholme Focused Income Fund has an expense ratio of 0.91 percent.
Risk is High compared to funds in the same category according to Morningstar.