4 / 5 Stars
5 5 2 2 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#18 in High Yield Bond
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 12.76 percent over the past year, and 10.62 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.6%|
|3 Years (Annualized)||10.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide a high level of long-term total return. The fund normally invests at least 80% of its net assets in bonds that are rated below investment grade and other securities, principally exchange-traded funds (ETFs), that are designed to track the performance of non-investment grade securities. These bonds may be issued by U.S. and foreign corporations and governments, including those in emerging markets. The fund is not subject to any maturity or duration restrictions but will vary its average dollar weighted portfolio maturity and duration depending on the Advisor's outlook for yields. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Manning & Napier High Yield Bond Series has an expense ratio of 1.10 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.