1 / 5 Stars
1 1 5 2 5
Zacks Investment Research
5 (Strong Sell)
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 3.02 percent over the past year, 4.30 percent over the past three years, and 7.96 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.3%|
|3 Years (Annualized)||4.3%|
|5 Years (Annualized)||8.0%|
|10 Years (Annualized)||N/A|
The investment seeks high current income and capital appreciation. Under normal conditions, the fund primarily invests in fixed-income securities. The fund's fixed income securities will consist principally of high-yield corporate debt securities (sometimes referred to as "junk bonds"), bank debt (including loan assignments and participations), convertible debt, and U.S. government securities. The fund's investments in debt instruments will not be limited in duration, but typically will be in securities having a duration of two to six years at the time of purchase. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Intrepid Income Fund has an expense ratio of 1.15 percent.
Risk is Low compared to funds in the same category according to Morningstar.