2 / 5 Stars
2 1 1 2 3
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 9.42 percent over the past year, 5.38 percent over the past three years, 22.25 percent over the past five years, and 5.03 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.6%|
|3 Years (Annualized)||5.4%|
|5 Years (Annualized)||22.3%|
|10 Years (Annualized)||5.0%|
The investment seeks high current income with capital appreciation as a secondary goal. The fund normally invests at least 80% of assets in U.S. and foreign fixed-income securities rated BB/Ba or lower and their unrated equivalents. These may include, but are not limited to, domestic and foreign corporate bonds, debentures and notes, convertible securities, preferred securities, and domestic and foreign government obligations. It may hold up to 20% of its total assets in the securities of companies in any one industry and up to 10% of its total assets in the securities of any individual issuer.
Fees are High compared to funds in the same category.
John Hancock Focused High Yield Fund has an expense ratio of 1.80 percent.
Risk is High compared to funds in the same category according to Morningstar.