3 / 5 Stars
2 2 1 1 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
2 / 5 Stars
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 16.13 percent over the past year, 9.00 percent over the past three years, 8.20 percent over the past five years, and 8.32 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||5.7%|
|3 Years (Annualized)||9.0%|
|5 Years (Annualized)||8.2%|
|10 Years (Annualized)||8.3%|
The investment seeks high current income plus the opportunity for capital appreciation to produce a high total return. The fund invests at least 65% of assets in below investment-grade securities. It normally invests at least 65% of assets in U.S. corporate or U.S. dollar-denominated foreign fixed-income securities. The fund may also invest up to 20% of assets in foreign currency-denominated fixed-income securities, including those in emerging markets and related currency hedging transactions. It may also invest in structured notes, zero-coupon securities, pay-in-kind securities, Rule 144A securities, futures and swaps.
Fees are High compared to funds in the same category.
Loomis Sayles High Income Fund has an expense ratio of 1.90 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.