3 / 5 Stars
4 4 2 1 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#57 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 7.37 percent over the past year, 8.21 percent over the past three years, 16.63 percent over the past five years, and 7.91 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.4%|
|3 Years (Annualized)||8.2%|
|5 Years (Annualized)||16.6%|
|10 Years (Annualized)||7.9%|
The investment seeks high current income. The fund pursues its investment objective by investing primarily in a diversified portfolio of high-yield, lower-rated corporate bonds (also known as "junk bonds"). It primarily invests in domestic high-yield bonds but may invest a portion of its portfolio in securities of issuers based outside of the United States (so-called "foreign securities") in both emerging and developed markets. The fund may invest in derivative contracts and/or hybrid instruments to implement elements of its investment strategy as more fully described in the fund's Prospectus.
Fees are Above Average compared to funds in the same category.
Federated High Income Bond Fund has an expense ratio of 1.23 percent.
Risk is Average compared to funds in the same category according to Morningstar.