4 / 5 Stars
4 3 1 5 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 15.62 percent over the past year, 11.71 percent over the past three years, and 8.70 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||8.1%|
|3 Years (Annualized)||11.7%|
|5 Years (Annualized)||8.7%|
|10 Years (Annualized)||N/A|
The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of the high yield bond market. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets and/or in high yield debt securities. It may invest in bond futures for the purpose of managing duration risk. The fund may invest in other fixed income securities and money market instruments. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Rydex High Yield Strategy Fund has an expense ratio of 1.49 percent.
Risk is Average compared to funds in the same category according to Morningstar.