Rainier High Yield Fund

Scorecard
3 / 5 Stars
Lipper
3 3 3 4 2
Zacks Investment Research
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Standard & Poor's
4 / 5 Stars
TheStreet.com
B (Buy)

U.S. News evaluated 179 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 11.74 percent over the past year, 9.08 percent over the past three years, and 11.83 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.7%
1 Year 11.7%
3 Years (Annualized) 9.1%
5 Years (Annualized) 11.8%
10 Years (Annualized) N/A

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Summary

The investment seeks to earn a high level of current income; capital appreciation is a secondary objective. The fund invests at least 80% of its assets in below investment grade bonds of corporate issuers. It will purchase securities of companies in any capitalization range - small, medium or large. The fund may invest up to 25% of its assets in foreign securities issues (including emerging markets), including those denominated in U.S. dollars. It may purchase bonds of any maturity, but the fund will normally have a dollar-weighted average maturity between two and fifteen years.

Fees

Fees are Above Average compared to funds in the same category.
Rainier High Yield Fund has an expense ratio of 0.65 percent.

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Risk

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

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