3 / 5 Stars
3 3 2 5 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#46 in High Yield Bond
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 7.57 percent over the past year, 8.36 percent over the past three years, 15.56 percent over the past five years, and 7.73 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.3%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||15.6%|
|10 Years (Annualized)||7.7%|
The investment seeks high current income; growth of capital is secondary. The fund normally invests at least 80% of its net assets in high yield, high risk bonds, notes, debentures and other debt obligations or preferred stocks. These securities are commonly known as "junk bonds" and at the time of purchase are rated within or below the "BB" major rating category by Standard & Poor's Corporation or the "Ba" major rating category by Moody's Investor Services, Inc. or are unrated but considered to be of comparable quality by the adviser. It invests in securities regardless of the securities' maturity average and may also invest in foreign securities.
Fees are Above Average compared to funds in the same category.
Thrivent High Yield Fund has an expense ratio of 0.81 percent.
Risk is Average compared to funds in the same category according to Morningstar.