SMH Representation Trust

Class Other (SMHRX)
Scorecard
1 / 5 Stars
Lipper
1 1 1 5 1
Zacks Investment Research
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Standard & Poor's
2 / 5 Stars
TheStreet.com
E (Sell)

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 4.75 percent over the past year, and 5.87 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 2.4%
1 Year 4.8%
3 Years (Annualized) 5.9%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current income with capital appreciation as a secondary objective. The fund invests in a non-diversified group of low-quality, high yield U.S. corporate bonds and convertible securities. It may invest without limitation in non-investment grade corporate bonds rated Baa or lower by Moody's or BBB or lower by S&P (also known as "junk" bonds). The fund may also invest in corporate issues that have defaulted. It is non-diversified.