high-yield bond fund

(redirected from High Yield Bond Fund)

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 ?
The mergers of Signature High Yield Bond Fund into Signature High Yield Bond II Fund and Synergy Tactical Asset Allocation Fund into Signature Income and Growth Fund do not require securityholder approval and will be effected at the close of business on or about 3 November 2017.
Manulife Investments today announced the appointment of a new sub-advisor and co-lead managers for the Manulife High Yield Bond Fund as well as changes to the high yield fixed income components of Manulife U.
Global Banking News-February 3, 2016--Generali to overhaul Euro high yield bond fund
First Trust Advantaged Short Duration High Yield Bond Fund (TSX: FSD.
Martha Metcalf, who was earlier a chief investment officer at Credit Suisse High Yield Bond Fund, has been named to the position.
Mr Gledhill, manager of New Star's new High Yield Bond Fund, said: ``I believe this is an asset class serious investors can't afford to ignore.
Nationwide Funds Group today announced that shareholders of the UBS High Yield Fund and UBS Global Equity Fund have approved the mergers and reorganizations of those funds into the Nationwide High Yield Bond Fund and the Nationwide Global Equity Fund.
today announced that as of April 7, 2016, PH&N High Yield Bond Fund (the Fund) will be closed to new investors.
M2 EQUITYBITES-June 19, 2015-First Trust Advantaged Short Duration High Yield Bond Fund announces distribution of USD0.
Effective on or about January 9, 2015, Monegy Inc will become the portfolio manager for BMO High Yield Bond Fund and effective on or about January 9, 2015, F&C Management Limited (F&C) will become the sub-advisor for BMO European Fund.
today announced that PH&N High Yield Bond Fund will re-open to new investors on March 28, 2016.
PK) (OTC: BACHY), and Citigroup Global Markets (NYSE: C) have jointly announced the launch of the BOCHK RMB High Yield Bond Fund.