2 / 5 Stars
3 3 1 1 4
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
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 8.25 percent over the past year, 7.82 percent over the past three years, 17.26 percent over the past five years, and 6.39 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.3%|
|3 Years (Annualized)||7.8%|
|5 Years (Annualized)||17.3%|
|10 Years (Annualized)||6.4%|
The investment seeks to obtain high current income with capital appreciation as a secondary objective. The fund normally invests a minimum of 80% of net assets in high yield-high risk corporate fixed income securities (fixed or floating rate securities), which may include zero-coupon bonds, convertible securities, preferred stock, pay-in-kind bonds as well as "toggle bonds" and Rule 144A fixed income securities that are subject to resale restrictions. It may invest up to 20% of total assets in non-corporate fixed income securities and equity securities, including convertible preferred stock, common stock, and warrants.
Fees are Above Average compared to funds in the same category.
Great-West Putnam High Yield Bond Fund has an expense ratio of 1.10 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.