3 / 5 Stars
1 1 3 1 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#106 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 5.92 percent over the past year, and 6.78 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.5%|
|3 Years (Annualized)||6.8%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide a high level of current income; a secondary objective of the fund is to limit risk during unfavorable market conditions. The fund also invests in mortgage-related fixed income instruments of varying maturities (such as mortgage pass-through securities; collateralized mortgage obligations; mortgage-backed securities; asset-backed securities; senior, subordinated and junior subordinated mortgage notes and mortgage dollar rolls). It may invest in mortgage-related fixed income instruments indirectly through special purpose vehicles that invest in mortgage-related fixed income instruments. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Toews Hedged High Yield Bond Fund has an expense ratio of 1.25 percent.
Risk is Low compared to funds in the same category according to Morningstar.