4 / 5 Stars
5 5 2 2 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 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 7.78 percent over the past year, and 8.60 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.6%|
|3 Years (Annualized)||8.6%|
|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 include fixed income securities issued by U.S. and foreign corporations and governments, including those in emerging markets. The fund may invest a portion of its assets in bank loans, which are, generally, non-investment grade floating rate investments. It 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.