Here are the top ten high yield bond funds



High yield bonds offer a higher interest rate than investment grade bonds because the former have lower credit ratings. In addition, these bonds become more attractive as the yields on treasury bills fall. However, high yield bonds carry a high risk of default. You can reduce this risk if you invest in these bonds through bond funds. To help you select, the details below are […]

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June 1, 2021

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High yield bonds offer a higher interest rate than investment grade bonds because the former credit scores. In addition, these bonds become more attractive as the yields on treasury bills fall. However, high yield bonds carry a high risk of default. You can reduce this risk if you invest in these bonds through bond funds. To help you select, below are the top ten high yield bond funds.

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Top ten high yield bond funds

To rank the top ten high yield bond funds, we used their last one-year performance. We referred US News for return data. Here are the top ten high yield bond funds:

  1. Catalyst / SMH High Income Fund (HIIFX, 30%)

HIIFX normally invests in an undiversified group of low quality, high yielding products corporate bonds and convertible securities. This fund has had a return of 11.48% over the past five years and 6.32% over the past three years. Its total assets are $ 23.63 million and its net expense ratio is 1.48. The two main titles of HIIFX are Brands L Inc 6.75% and Pitney Bowes Inc. 4.62%.

  1. High Yield PIA Fund (PHYSX, 31%)

PHYSX generally invests in domestic and foreign high yield instruments, including term commitments, obligations, preferred stocks, convertible securities and more. This fund has had a return of 7.59% over the past five years and 6.18% over the past three years. Its total assets are $ 66.63 million and its net expense ratio is 0.86. The two main holdings of PHYSX are Fidelity® Inv Mm Fds Government I and Powerteam Services Llc 9.033%.

  1. Barings Global Credit Income Opps Fund (BXIAX, 31%)

BXIAX normally invests in lower quality high yield debt securities of corporate issuers in North America and Western Europe. This fund has returned 6.73% over the past five years and 4.37% over the past three years. Its total assets are $ 182.69 million and its net expense ratio is 1.2. The two main titles of BXIAX are Aircraft rental around the world Co Ltd 6.5% and TDC 7,000% Senior subordinated note.

  1. Artisan High Income Fund (APDFX, 31%)

APDFX normally invests in instruments rated below investment grade. This fund has returned 9.39% over the past five years and 8.07% over the past three years. Its total assets are $ 6.17 billion and its net expense ratio is 0.82. The two main holdings of APDFX are Future On 10 Year US Treasury Note and General Electric Company 6.75%.

  1. Westwood High Income Fund (WSDAX, 32%)

WSDAX invests in a range of income producing securities, including debt and equity securities in the United States, as well as other regions of the world. This fund has returned 7.31% over the past five years and 8.66% over the past three years. Its total assets are $ 85.61 million and its net expense ratio is 0.48. The two main titles of WSDAX are Community health systems Incorporated 6.62% and Ares Capital Corporation 3.88%.

  1. Pioneer Global High Yield Fund (PGHYX, 33%)

PGHYX invests primarily in lower quality (high yield) debt securities, as well as preferred shares of US and non-US issuers. This fund has returned 6.39% over the past five years and 3.96% over the past three years. Its total assets are $ 238.93 million and its net expense ratio is 1.14. The top three holdings of PGHYX are 0% US Treasuries, Ford Auto Credit Corporation LLC 4.12% and Metinvest BV 7.75%.

  1. Mesirow Financial High Yield Fund (MFHIX, 34%)

MFHIX generally invests in high yield instruments and in instruments with similar economic characteristics. This fund has achieved a return of 13.8% over the past six months. Its total assets are $ 64.56 million and its net expense ratio is 0.75. The top three holdings of MFHIX are Welltec A / S 9.5%, Cooper-Standard Automotive Inc. 5.62% and CSI Compressco LP 7.5%.

  1. Beacon SiM High Yld Opps American Fund (SHOAX, 37%)

SHOAX invests money in lower quality securities and / or financial instruments offering exposure to these securities. This fund has had a return of 7.73% over the past five years and 6.76% over the past three years. Its total assets are $ 1.29 billion and its net expense ratio is 1.15. The two main stocks of SHOAX are the U.S. Government Money Market Average and Berry oil LLC Company 7%.

  1. Fidelity Advisor® High Income Advtg Fund (FAHDX, 38%)

FAHDX normally invests in income-generating debt securities, convertible securitiesand preferred shares. This fund has returned 9.34% over the past five years and 8.24% over the past three years. It has total assets of $ 1.79 billion and its net expense ratio is 1. The two main holdings of FAHDX are Fidelity Revere Str Tr and Ally Financial Inc. 8%.

  1. Fidelity® Capital & Income Fund (FAGIX, 39%)

FAGIX invests in equities and debt securities, including defaulted securities, in particular lower quality debt securities. This fund has had a return of 9.55% over the past five years and 8.95% over the past three years. Its total assets are $ 14.05 billion and its net expense ratio is 0.67. The three main titles of FAGIX are Fidelity Revere Str Tr, Ally Financial Inc. 8% and Penn National Gaming.



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