Recommendations to buy three high-yield bond mutual funds with solid returns potential.

From Nasdaq: 2025-03-31 07:00:00

High-yield bonds are riskier corporate debt securities that offer higher yields than investment-grade bonds. Junk bonds are issued by companies with poorer credit quality, carrying lower credit ratings. Three top-ranked high-yield bond mutual funds are MNHYX, FFHCX, and AHIFX, all expected to outperform peers. MNHYX invests in investment-grade bonds and bank loans, FFHCX mainly in floating rate loans, and AHIFX in lower-quality debt securities. MNHYX returned 6.2% over the past three years, FFHCX 7.8%, and AHIFX 5.5%. MNHYX had 19.4% of assets in Total Misc Bonds as of September 2024. AHIFX has an expense ratio of 0.43%. Global semiconductor manufacturing is projected to grow from $452 billion in 2021 to $803 billion by 2028. Want the latest recommendations from Zacks Investment Research? Download 7 Best Stocks for the Next 30 Days.



Read more at Nasdaq: Buy These 3 High-Yield Bond Funds for Solid Returns