| Scorecard |
|---|
|
5 / 5 Stars
|
|
Lipper
5
4
2
3
2
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
A-
(Buy)
|
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.
Performance
The fund has returned 13.70 percent over the past year, 11.68 percent over the past three years, 11.00 percent over the past five years, and 8.52 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 5.1% |
| 1 Year | 13.7% |
| 3 Years (Annualized) | 11.7% |
| 5 Years (Annualized) | 11.0% |
| 10 Years (Annualized) | 8.5% |
Summary
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
Fees are High compared to funds in the same category.
Ivy High Income Fund has an expense ratio of 1.79 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
