5 / 5 Stars
5 5 1 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
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.
The fund has returned 12.10 percent over the past year, 8.38 percent over the past three years, 14.93 percent over the past five years, and 9.34 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.4%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||14.9%|
|10 Years (Annualized)||9.3%|
The investment seeks high current income and, secondarily, total return (comprised of capital appreciation and income). The fund invests primarily in a diversified portfolio of higher yielding, lower-rated income producing debt instruments, including corporate obligations, floating rate loans and other debt obligations. It will invest at least 65%, and may invest up to 100%, of its assets in securities rated below investment grade by either Moody's Investors Service or Standard & Poor's Financial Services LLC or in unrated securities that the fund's Subadviser, Seix Investment Advisors LLC ("Seix" or the "Subadviser"), believes are of comparable quality.
Fees are Above Average compared to funds in the same category.
RidgeWorth High Income Fund has an expense ratio of 0.77 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.