5 / 5 Stars
5 5 1 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
#3 in High Yield Bond
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 6.67 percent over the past year, 8.40 percent over the past three years, and 18.22 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.2%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||18.2%|
|10 Years (Annualized)||N/A|
The investment seeks to realize an above-average total return over a market cycle of three to five years, consistent with reasonable risk. The fund invests normally at least 80% of net assets (plus any borrowings for investment purposes) in high yield securities. It may invest in foreign bonds and other fixed-income securities denominated in foreign currencies. The fund may also invest in fixed- and floating-rate loans. It normally maintains an average portfolio duration of between 3 and 7 years. However, the fund may invest in individual securities of any duration.
Fees are Average compared to funds in the same category.
John Hancock II High Yield Fund has an expense ratio of 0.76 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.