Federated High Yield Trust (SS) FHYTX
- Pursues a high level of current income.
- Invests primarily in high-yield, lower-rated corporate bonds, with limited equity exposure.
- Offers the potential for attractive relative total returns in economic recoveries through ratings upgrades or improved performance of issuers.
- Provides portfolio diversification; historically, high-yield bond performance has not been correlated to other types of bonds.
- Features a 30-year track record; consistent management since inception.
Key Investment Team
|Newspaper Listing||Hi Yld|
|Benchmark||Barclays U.S. Corporate High Yield 2% Issuer Capped Index|
|Performance Inception Date||08-23-1984|
Morningstar Category & Styledisclosures »
|Category||High Yield Bond|