4 / 5 Stars
3 3 2 5 1
Zacks Investment Research
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 7.34 percent over the past year, 6.67 percent over the past three years, 16.20 percent over the past five years, and 8.23 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.2%|
|3 Years (Annualized)||6.7%|
|5 Years (Annualized)||16.2%|
|10 Years (Annualized)||8.2%|
The investment seeks to maximize long-term total return consistent with preservation of capital. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in high yield bonds (commonly called "junk bonds") which are rated below investment grade or are unrated and determined by the Adviser to be of similar quality. Under normal conditions, the portfolio duration is two to eight years and the dollar-weighted average maturity ranges from two to fifteen years.
Fees are Average compared to funds in the same category.
Metropolitan West High Yield Bond Fund has an expense ratio of 0.54 percent.
Risk is Average compared to funds in the same category according to Morningstar.