3 / 5 Stars
2 2 1 4 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 166 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 11.93 percent over the past year, 9.51 percent over the past three years, 8.79 percent over the past five years, and 7.22 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.3%|
|3 Years (Annualized)||9.5%|
|5 Years (Annualized)||8.8%|
|10 Years (Annualized)||7.2%|
The investment seeks current income. The fund invests primarily in securities, including high-yield corporate bonds, convertible bonds, and other debt securities, that are rated below investment grade by nationally recognized statistical ratings organizations at the time of purchase or, if unrated, have been determined by its investment team to be of comparable quality. It normally invests at least 80% of its net assets in debt securities and other investments that are rated below investment grade. The fund also may invest up to 35% of the value of its total assets in foreign securities and so-called Yankee securities.
Fees are High compared to funds in the same category.
RS High Yield Fund has an expense ratio of 1.67 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.