KKR Alternative High Yield Fund

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.

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The fund has returned 6.27 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 1.2%
1 Year 6.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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The investment seeks to generate an attractive total return consisting of a high level of current income and capital appreciation. The fund invests in a portfolio of fixed-income investments. It will normally invest at least 80% of its net assets, including any borrowings for investment purposes, in corporate fixed-income instruments that are rated below investment grade. These fixed-income instruments may include high yield bonds, notes, debentures, convertible securities, preferred stock and loans. The fund may invest in fixed-income instruments without regard to their maturity. It is non-diversified.


Fees are Above Average compared to funds in the same category.
KKR Alternative High Yield Fund has an expense ratio of 1.20 percent.

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Risk is N/A compared to funds in the same category according to Morningstar.

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