2 / 5 Stars
3 3 2 4 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#83 in High Yield Bond
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 6.60 percent over the past year, 7.38 percent over the past three years, 16.39 percent over the past five years, and 7.31 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.5%|
|3 Years (Annualized)||7.4%|
|5 Years (Annualized)||16.4%|
|10 Years (Annualized)||7.3%|
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in a diversified portfolio of high yield securities ("junk bonds"), which may be represented by forwards or derivatives such as options, futures contracts or swap agreements, rated below investment grade. It may invest up to 20% of its total assets in securities rated Caa or below by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. The fund may invest, without limitation, in derivative instruments.
Fees are Above Average compared to funds in the same category.
PIMCO High Yield Fund has an expense ratio of 0.90 percent.
Risk is Average compared to funds in the same category according to Morningstar.