BlackRock High Yield Bond Investor C (BHYCX - Free Report) a Zacks Rank #1 (Strong Buy) invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States.

The BlackRock High Yield Bond Investor C fund, managed by BlackRock, carries an expense ratio of 1.68%. Moreover, BHYCX requires a minimal initial investment of $1,000.

BHYCX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 13.03%, 3 year 1.54% and 5 year 4.69%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

BHYCX’s performance, as of the last filing, when compared to funds in its category was in the top 41% in 1 year.