high-yield bond fund

(redirected from High Yield Fund)
Also found in: Acronyms.

High-Yield Bond Fund

A mutual fund that invests predominantly or exclusively in junk bonds. Because junk bonds have low credit ratings, they offer a comparatively high return. High-yield bond funds generally have portfolios containing at least two-thirds junk bonds. They provide a way for investors to take advantage of the return offered by a junk bond while also avoiding the risk of investing in a single bond at a high risk of default. See also: Investment grade.

high-yield bond fund

An investment company that attempts to produce unusually high income for its shareholders by maintaining a corporate bond portfolio that contains at minimum two thirds lower-rated bonds (Baa by Moody's; BBB by S&P).
References in periodicals archive ?
David Crall, Chief Investment Officer for NCRAM, said "Our investment philosophy for the Nomura High Yield Fund is based upon our belief that a total return investment approach driven by credit research is the best way to generate excess return in a high yield market.
The investment objective of the Nomura High Yield Fund (the Fund ) is to achieve current yield and capital growth.
For information on Pioneer Global High Yield Fund or other Pioneer funds, including charges and expenses, please request a prospectus from your investment representative or Pioneer at 800-225-6292.
The Corporate High Yield Fund VI is an easy way for investors to access this asset class.
the registered investment company of which the High Yield Funds are portfolio series.
AIM Aggressive Allocation Fund, designed for investors with moderate to high tolerance for risk, will use AIM Large Cap Basic Value Fund, AIM Large Cap Growth Fund, INVESCO Dynamics Fund, AIM Small Cap Growth Fund, AIM International Growth Fund, INVESCO International Core Equity Fund, INVESCO Multi-Sector Fund, AIM Real Estate Fund, and AIM High Yield Fund.
Fuss, Vice Chairman of Loomis Sayles, will lead investment teams managing the Managers Fixed Income and the Managers High Yield Funds, and the fixed income portion of the Managers Balanced Fund.
Like the ProFunds, the new Access Flex High Yield Fund has no trading restrictions--but, unlike the ProFunds, it is not benchmarked to a specific market index or security.
ProFund Advisors LLC today announced the launch of the Access Flex Bear High Yield Fund, a mutual fund designed to increase in value when the high yield bond market falls.
Leveraged High Yield Fund Limited announces that, with effect from 9
AIM Moderately Conservative Allocation Fund, designed for investors with a low-to-moderate risk tolerance, will be a comprised of a strategic blend of AIM Large Cap Basic Value Fund, AIM Large Cap Growth Fund, AIM Mid Cap Basic Value Fund, AIM Capital Development Fund, AIM International Growth Fund, AIM International Core Equity Fund, AIM Multi-Sector Fund, AIM Total Return Bond Fund, AIM Intermediate Government Fund, AIM Short Term Bond Fund, and AIM High Yield Fund.
Margie Patel, Portfolio Manager, Pioneer High Yield Fund & Pioneer Equity Opportunity Fund; High Yield & Convertible Expert