First Eagle High Yield Fund

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.

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Performance

The fund has returned 5.44 percent over the past year, 6.87 percent over the past three years, and 16.93 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 2.3%
1 Year 5.4%
3 Years (Annualized) 6.9%
5 Years (Annualized) 16.9%
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current income. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield, below investment-grade instruments (commonly referred to as "junk bonds") or other instruments including high yield corporate bonds and loans, municipal bonds, mortgage-backed and asset-backed securities, income-producing convertible securities, and preferred stocks. It may invest in, and count for the purposes of this 80% allotment, unrated securities or other instruments deemed by the fund's Adviser to be below investment grade.

Fees

Fees are High compared to funds in the same category.
First Eagle High Yield Fund has an expense ratio of 1.88 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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