4 / 5 Stars
5 5 2 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
#5 in High Yield Bond
U.S. News evaluated 166 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 14.55 percent over the past year, 12.54 percent over the past three years, 11.92 percent over the past five years, and 9.50 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||5.3%|
|3 Years (Annualized)||12.5%|
|5 Years (Annualized)||11.9%|
|10 Years (Annualized)||9.5%|
The investment seeks to provide total return through a combination of high current income and capital appreciation. The fund invests primarily in a diversified portfolio of high-yield, high-risk, fixed income securities, including loan participations and other loan instruments (loan participations), of U.S. and foreign issuers, the risks of which are, in the judgment of the adviser consistent with the fund's objective. It invests primarily in lower quality debt securities, which include debt securities rated BBB+ or lower.
Fees are Above Average compared to funds in the same category.
Ivy High Income Fund has an expense ratio of 1.00 percent.
Risk is Low compared to funds in the same category according to Morningstar.