PNC High Yield Bond

Class Inst (PIHBX)
Scorecard
3 / 5 Stars
Lipper
4 4 3 3 1
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
B- (Buy)

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.

See all PNC Funds funds

See full High Yield Bond rankings

See more fund rankings

Performance

The fund has returned 7.49 percent over the past year, 8.32 percent over the past three years, and 16.93 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 3.3%
1 Year 7.5%
3 Years (Annualized) 8.3%
5 Years (Annualized) 16.9%
10 Years (Annualized) N/A

See more PIHBX performance

Summary

The investment seeks a high level of current income along with capital appreciation. Under normal circumstances, at least 80% of the fund's net assets plus any borrowings for investment purposes will be invested in high yield bonds, which include debt securities of all types. The term "high yield" is generally understood to describe debt securities that are rated below investment grade or, if unrated, determined by the Adviser to be of comparable quality ("junk bonds"). It may invest in all types of debt securities but will invest primarily in corporate debt securities, mortgage-backed securities and asset-backed securities of U.S. and Canadian issuers.

Fees

Fees are Above Average compared to funds in the same category.
PNC High Yield Bond has an expense ratio of 0.75 percent.

See more PIHBX fees

Risk

Risk is Average compared to funds in the same category according to Morningstar.

See more PIHBX risk