3 / 5 Stars
2 2 1 5 2
Zacks Investment Research
Standard & Poor's
4 / 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 7.29 percent over the past year, 7.61 percent over the past three years, 13.91 percent over the past five years, and 6.86 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.0%|
|3 Years (Annualized)||7.6%|
|5 Years (Annualized)||13.9%|
|10 Years (Annualized)||6.9%|
The investment seeks high income and, secondarily, capital appreciation. The fund normally invests in various types of lower-rated, higher yielding debt instruments, including corporate obligations, floating rate loans and other debt obligations. It normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield securities. The fund may invest in debt obligations of U.S. and non-U.S. issuers, including emerging market debt. It may invest up to 20% of its net assets in investment grade securities.
Fees are Average compared to funds in the same category.
RidgeWorth Seix High Yield Fund has an expense ratio of 0.54 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.