4 / 5 Stars
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 11.72 percent over the past year, 8.34 percent over the past three years, and 21.14 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.8%|
|3 Years (Annualized)||8.3%|
|5 Years (Annualized)||21.1%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return through income and capital appreciation. The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in below investment-grade (high-yield) debt securities and preferred stocks. It may invest in high-yield securities of any rating, including securities where the issuer is in default or bankruptcy at the time of purchase. The fund invests in securities with a broad range of maturities, and its high-yield securities investments may be convertible into equity securities of the issuer.
Fees are Above Average compared to funds in the same category.
ING Pioneer High Yield Portfolio has an expense ratio of 0.71 percent.
Risk is High compared to funds in the same category according to Morningstar.