3 / 5 Stars
4 4 1 4 4
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 8.12 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.5%|
|3 Years (Annualized)||8.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks maximum total return, consistent with 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 convertibles, warrants, forwards or derivatives such as swap agreements, rated below investment grade by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. It may invest, without limitation, in derivative instruments, such as credit default swap agreements and total return swap agreements.
Fees are High compared to funds in the same category.
PIMCO High Yield Spectrum Fund has an expense ratio of 1.68 percent.
Risk is High compared to funds in the same category according to Morningstar.