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IMYCX - ING High Yield Bond C

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ING High Yield Bond C (IMYCX)
Expense Ratio: 1.85%
Expected Lifetime Fees: $50,475.67


The ING High Yield Bond C fund (IMYCX) is a High Yield Bond fund started on 12/15/1998 and has $138.90 million in assets under management. The current manager has been running ING High Yield Bond C since 04/15/2010. The fund is rated by Morningstar. In addition to trading fees and broker commissions, this fund has 12b-1 fees of 1.00%

MarketRiders Prefers The Following ETF

SPDR Barclays Capital High Yield Bond (JNK)
Expense Ratio: 0.41%
Expected Lifetime Fees: $12,984.20


The SPDR Barclays Capital High Yield Bond (JNK) is an Exchange Traded Fund. It is a "basket" of securities that index the High Yield Bond investment strategy and is an alternative to a High Yield Bond mutual fund. Fees are very low compared to a comparable mutual fund like ING High Yield Bond C because computers automatically manage the stocks.




The Following High Yield Bond Funds Have Lower Fees Than ING High Yield Bond C (IMYCX). Why are these metrics important?
Mutual Fund Name Ticker Symbol Turnover Assets (M) Annual Fees
Allianz AGIC High Yield Bond D AYBDX 168.0% 270 1.00%
Allianz AGIC High Yield Bond Fund Institutional Class AYBIX 168.0% 270 0.65%
American Beacon High Yield Bond Fund Class Y ACYYX 149.0% 139 0.98%
American Beacon High Yld Bd AMR ABMRX 149.0% 139 0.61%
American Beacon High Yld Bd Instl AYBFX 149.0% 139 0.89%
American Beacon High Yld Bd Inv AHYPX 149.0% 139 1.10%
American Beacon SiM High Yield Opportunities Fund Investor Class SHYPX 20.0% 223 1.22%
American Beacon SiM High Yield Opportunities Fund Y Class SHOYX 20.0% 223 0.94%
American Century High-Yield A AHA1Z 28.0% 530 1.12%
American Century High-Yield A AHYVX 28.0% 530 1.12%
American Century High-Yield Instl ACYIX 28.0% 530 0.67%
American Century High-Yield Inv ABHIX 28.0% 530 0.87%
American Century High-Yield R AHYRX 28.0% 530 1.37%
American Funds American Hi Inc Tr A AHITX 51.0% 18,100 0.67%
American Funds American Hi Inc Tr B AHTBX 51.0% 18,100 1.44%
American Funds American Hi Inc Tr C AHTCX 51.0% 18,100 1.48%
American Funds American Hi Inc Tr F-1 AHTFX 51.0% 18,100 0.72%
American Funds American Hi Inc Tr F-2 AHIFX 51.0% 18,100 0.46%
American Funds American Hi Inc Tr R1 RITAX 51.0% 18,100 1.50%
American Funds American Hi Inc Tr R2 RITBX 51.0% 18,100 1.53%
American Funds American Hi Inc Tr R3 RITCX 51.0% 18,100 1.02%
American Funds American Hi Inc Tr R4 RITEX 51.0% 18,100 0.72%
American Funds American Hi Inc Tr R5 RITFX 51.0% 18,100 0.42%
American Funds American Hi Inc Tr R6 RITGX 51.0% 18,100 0.37%
Aquila Three Peaks High Income A ATPAX 67.0% 357 1.10%
Aquila Three Peaks High Income I ATIPX 67.0% 357 1.18%
Aquila Three Peaks High Income Y ATPYX 67.0% 357 0.90%
Artio Global High Income A BJBHX 78.0% 3,300 1.00%
Artio Global High Income I JHYIX 78.0% 3,300 0.75%
BlackRock High Yield Bond BlackRock BRHYX 91.0% 7,300 0.59%
BlackRock High Yield Bond Instl BHYIX 91.0% 7,300 0.67%
BlackRock High Yield Bond Inv A BHYAX 91.0% 7,300 0.93%
BlackRock High Yield Bond Inv A BHYSZ 91.0% 7,300 0.93%
BlackRock High Yield Bond Inv B1 BHYDX 91.0% 7,300 1.47%
BlackRock High Yield Bond Inv C BHYCX 91.0% 7,300 1.72%
BlackRock High Yield Bond Inv C1 BHYEX 91.0% 7,300 1.57%
BlackRock High Yield Bond R BHYRX 91.0% 7,300 1.43%
BlackRock High Yield Bond Svc BHYSX 91.0% 7,300 1.03%
Buffalo High-Yield BUFHX 21.0% 259 1.04%
Calamos High Income A CHYDX 72.6% 284 1.22%
Calamos High Income I CIHYX 72.6% 284 0.97%
Catalyst/SMH High Income A HIIFX 57.7% 130 1.46%
Columbia High Yield Bond A INEAX 96.0% 1,600 1.03%
Columbia High Yield Bond B IEIBX 96.0% 1,600 1.78%
Columbia High Yield Bond C APECX 96.0% 1,600 1.78%
Columbia High Yield Bond Fund Class R CHBRX 96.0% 1,600 1.28%
Columbia High Yield Bond Fund Class R3 CYLRX 96.0% 1,600 1.19%
Columbia High Yield Bond R5 RSHRX 96.0% 1,600 0.69%
Columbia High Yield Opportunity A COL1Z 109.0% 331 1.12%
Columbia High Yield Opportunity A LHYTZ 109.0% 331 1.12%
Columbia High Yield Opportunity Z LHY1Z 109.0% 331 0.87%
Columbia High Yield Opportunity Z LHYSZ 109.0% 331 0.87%
Columbia High Yield Opportunity Z LHYZX 109.0% 331 0.87%
Columbia Income Opportunities A AIOAX 84.0% 2,300 1.04%
Columbia Income Opportunities B AIOBX 84.0% 2,300 1.79%
Columbia Income Opportunities C RIOCX 84.0% 2,300 1.79%
Columbia Income Opportunities Fund Class R4 COPRX 84.0% 2,300 0.97%
Columbia Income Opportunities Z CIOZX 84.0% 2,300 0.79%
Delaware High-Yield Opportunities A DHO1Z 115.0% 562 1.11%
Delaware High-Yield Opportunities A DHOAX 115.0% 562 1.11%
Delaware High-Yield Opportunities B DHOBX 115.0% 562 1.81%
Delaware High-Yield Opportunities C DHOCX 115.0% 562 1.81%
Delaware High-Yield Opportunities In DHOIX 115.0% 562 0.81%
Dreyfus High Yield Fund Class A DPL1Z 75.9% 1,100 0.95%
Dreyfus High Yield Fund Class A DPLTX 75.9% 1,100 0.95%
Dreyfus High Yld C PTHIX 75.9% 1,100 1.70%
Dreyfus High Yld I DLHRX 75.9% 1,100 0.70%
DWS Global High Income A SGH1Z 57.0% 344 1.07%
DWS Global High Income A SGHAX 57.0% 344 1.07%
DWS Global High Income C SGHCX 57.0% 344 1.81%
DWS Global High Income Institutional MGHYX 57.0% 344 0.73%
DWS Global High Income S SGHSX 57.0% 344 0.90%
DWS High Income A KHY1Z 68.0% 1,600 0.93%
DWS High Income A KHYAX 68.0% 1,600 0.93%
DWS High Income B KHYBX 68.0% 1,600 1.71%
DWS High Income C KHYCX 68.0% 1,600 1.68%
DWS High Income Instl KHYIX 68.0% 1,600 0.66%
Eaton Vance High Income Opportunities A ETHIX 78.0% 475 0.99%
Eaton Vance High Income Opportunities A ETHSZ 78.0% 475 0.99%
Eaton Vance High Income Opportunities B EVHIX 78.0% 475 1.74%
Eaton Vance High Income Opportunities C ECHIX 78.0% 475 1.74%
Eaton Vance High Income Opportunities Fund Class I EIHIX 78.0% 475 0.74%
Eaton Vance Income Fund of Boston A EVIBX 70.0% 3,700 1.02%
Eaton Vance Income Fund of Boston A EVITZ 70.0% 3,700 1.02%
Eaton Vance Income Fund of Boston B EBIBX 70.0% 3,700 1.77%
Eaton Vance Income Fund of Boston I EIBIX 70.0% 3,700 0.77%
Eaton Vance Income Fund of Boston R ERIBX 70.0% 3,700 1.27%
Federated High-Income Bond A FHICZ 35.0% 1,100 1.24%
Federated High-Yield Svc FHYTX 50.0% 250 1.01%
Federated Instl High Yield Bond Instl FIHBX 23.0% 1,100 0.50%
Fidelity Advisor High Income Advantage A FAHCZ 68.0% 1,900 1.03%
Fidelity Advisor High Income Advantage B FAHBX 68.0% 1,900 1.75%
Fidelity Advisor High Income Advantage C FAHEX 68.0% 1,900 1.77%
Fidelity Advisor High Income Advantage I FAHCX 68.0% 1,900 0.77%
Fidelity Advisor High Income Advantage T FAHYX 68.0% 1,900 1.02%
Fidelity Advisor High Income B FHCBX 75.0% 926 1.75%
Fidelity Advisor High Income C FHNCX 75.0% 926 1.79%
Fidelity Advisor High Income I FHNIX 75.0% 926 0.85%
Fidelity Advisor High Income T FHITX 75.0% 926 1.07%
Fidelity Capital & Income FAGIX 65.0% 9,300 0.76%
Fidelity Focused High Income FHIFX 48.0% 932 0.81%
Fidelity High Income SPHIX 55.0% 5,600 0.75%
First Eagle High Yield I FEHIX 45.2% 336 0.81%
Forward High Yield Bond Institutional AHBAX 320.0% 103 0.82%
Forward High Yield Bond Investor AHBIX 320.0% 103 1.22%
Franklin High Income A AGESZ 51.6% 4,700 0.76%
Franklin High Income A FHAIX 51.6% 4,700 0.76%
Franklin High Income Adv FVHIX 51.6% 4,700 0.61%
Franklin High Income B FHIBX 51.6% 4,700 1.26%
Franklin High Income R FHIRX 51.6% 4,700 1.11%
Goldman Sachs High Yield A GSHAX 71.0% 5,700 1.05%
Goldman Sachs High Yield B GSHBX 71.0% 5,700 1.80%
Goldman Sachs High Yield C GSHCX 71.0% 5,700 1.80%
Goldman Sachs High Yield Instl GSHIX 71.0% 5,700 0.71%
Goldman Sachs High Yield Instl GSHTZ 71.0% 5,700 0.71%
Goldman Sachs High Yield Svc GSHSX 71.0% 5,700 1.21%
Harbor High-Yield Bond Adm HYFRX 47.0% 2,200 0.91%
Harbor High-Yield Bond Instl HYFAX 47.0% 2,200 0.66%
Harbor High-Yield Bond Inv HYFIX 47.0% 2,200 1.03%
Hartford High Yield A HAHAX 117.0% 484 1.05%
Hartford High Yield B HAHBX 117.0% 484 1.80%
Hartford High Yield C HAHCX 117.0% 484 1.80%
Hartford High Yield I HAHIX 117.0% 484 0.80%
Hartford High Yield Y HAHYX 117.0% 484 0.70%
Hotchkis and Wiley High Yield Class A HWHAX 139.0% 460 0.95%
Hotchkis and Wiley High Yield Class I HWHIX 139.0% 460 0.70%
ING High Yield Bond A IHYAX 100.0% 139 1.10%
Invesco High Yield A AMHSZ 65.0% 1,400 0.89%
Invesco High Yield B AHYBX 65.0% 1,400 1.64%
Invesco High Yield C AHYCX 65.0% 1,400 1.64%
Invesco High Yield Fund Institutional Class AHIYX 65.0% 1,400 0.59%
Invesco High Yield Investor HYINX 65.0% 1,400 0.89%
Invesco High Yield Y AHHYX 65.0% 1,400 0.64%
Invesco High-Yield Secs A HYLAX 56.0% 110 1.61%
Invesco High-Yield Secs Y HYLDX 56.0% 110 1.36%
Ivy High Income A WHIAX 80.0% 4,900 1.08%
Ivy High Income C WRH1Z 80.0% 4,900 1.77%
Ivy High Income I IVHIX 80.0% 4,900 0.79%
Ivy High Income Y WHIYX 80.0% 4,900 1.05%
Janus High-Yield Fund Class A JHYAX 92.0% 2,100 0.93%
Janus High-Yield Fund Class C JDH1Z 92.0% 2,100 1.69%
Janus High-Yield Fund Class I JHYFX 92.0% 2,100 0.71%
Janus High-Yield Fund Class S JDHYX 92.0% 2,100 1.14%
Janus High-Yield T JAHYX 92.0% 2,100 0.89%
JHancock High-Yield A JHHBX 51.0% 603 1.02%
JHancock High-Yield B TSHYX 51.0% 603 1.77%
JHancock High-Yield C JHYCX 51.0% 603 1.77%
JHancock High-Yield I JYHIX 51.0% 603 0.67%
Lazard US High Yield Instl LZHYX 27.0% 178 0.55%
Lazard US High Yield Open LZHOX 27.0% 178 0.85%
Legg Mason WA Global Hi Yld Bd A SAHYX 90.0% 533 1.31%
Legg Mason WA Global Hi Yld Bd C SHYCX 90.0% 533 1.71%
Legg Mason WA Global Hi Yld Bd I SHYOX 90.0% 533 0.88%
Legg Mason WA High Income A SHIAX 90.0% 466 1.00%
Legg Mason WA High Income A SHQCZ 90.0% 466 1.00%
Legg Mason WA High Income B SHIBX 90.0% 466 1.55%
Legg Mason WA High Income I SHIYX 90.0% 466 0.81%
Loomis Sayles High Income A NEFHX 67.0% 175 1.15%
Loomis Sayles High Income Y NEHYX 67.0% 175 0.90%
Loomis Sayles Instl High Income LSHIX 25.0% 614 0.69%
Lord Abbett High Yield A LHHSZ 112.2% 2,100 0.98%
Lord Abbett High Yield B LHYBX 112.2% 2,100 1.78%
Lord Abbett High Yield C LHYCX 112.2% 2,100 1.69%
Lord Abbett High Yield I LAHYX 112.2% 2,100 0.78%
MainStay High Yield Corporate Bond A MHCAX 39.0% 7,200 0.99%
MainStay High Yield Corporate Bond B MKHCX 39.0% 7,200 1.80%
MainStay High Yield Corporate Bond C MYHCX 39.0% 7,200 1.80%
MainStay High Yield Corporate Bond I MHYIX 39.0% 7,200 0.74%
MainStay High Yield Corporate Bond Inv MHHIX 39.0% 7,200 1.05%
MainStay High Yield Corporate Bond R2 MHYRX 39.0% 7,200 1.09%
MainStay High Yield Opportunities A MYHAX 31.0% 1,000 1.38%
MainStay High Yield Opportunities I MYHIX 31.0% 1,000 1.13%
Manning & Napier High Yield Bond Series MNHYX 63.0% 179 1.13%
Metropolitan West High Yield Bond I MWHIX 54.0% 2,200 0.56%
Metropolitan West High Yield Bond M MWHYX 54.0% 2,200 0.81%
MFS High Income A MHITX 60.0% 1,000 0.95%
MFS High Income B MHIBX 60.0% 1,000 1.70%
MFS High Income I MHIIX 60.0% 1,000 0.70%
MFS High Yield Opportunities A MHO1Z 61.0% 598 1.05%
MFS High Yield Opportunities A MHOAX 61.0% 598 1.05%
MFS High Yield Opportunities B MHOBX 61.0% 598 1.80%
MFS High Yield Opportunities I MHOIX 61.0% 598 0.80%
MFS High Yield Opportunities R3 MHOTX 61.0% 598 1.05%
MFS High Yield Opportunities R4 MHOUX 61.0% 598 0.80%
Neuberger Berman High Inc Bond A NHIAX 88.0% 2,800 1.12%
Neuberger Berman High Inc Bond Inv NHINX 88.0% 2,800 0.87%
Neuberger Berman High Inc Bond R3 NHIRX 88.0% 2,800 1.38%
Neuberger Berman High Income Bond Fund Institutional Class NHILX 88.0% 2,800 0.74%
Nicholas High Income I NCINX 61.2% 101 0.72%
Nicholas High Income N NNHIX 61.2% 101 1.06%
Northeast Investors NTHEX 33.3% 555 0.82%
Northern High Yield Fixed Income NHFIX 88.1% 5,700 0.77%
Northern Multi-Manager Hi Yld Opp NMHYX 80.6% 688 1.00%
Nuveen High Income Bond A FJSIX 130.0% 594 1.01%
Nuveen High Income Bond C FCSIX 130.0% 594 1.76%
Nuveen High Income Bond I FJSYX 130.0% 594 0.76%
Nuveen Symphony Credit Opportunities A NCOAX 137.0% 186 1.08%
Nuveen Symphony Credit Opportunities I NCOIX 137.0% 186 0.83%
Oppenheimer Champion Income A OPC2Z 69.0% 505 1.42%
Oppenheimer Champion Income A OPCHX 69.0% 505 1.42%
Oppenheimer Champion Income N OCHNX 69.0% 505 1.66%
Oppenheimer Champion Income Y OCHYX 69.0% 505 0.81%
Payden High Income PYH1Z 38.0% 1,100 0.66%
Payden High Income PYHRX 38.0% 1,100 0.66%
Payden High Income Adviser PYHWX 38.0% 1,100 0.91%
PIMCO High Yield A PHDAX 50.0% 16,800 0.90%
PIMCO High Yield A PHFTZ 50.0% 16,800 0.90%
PIMCO High Yield Admin PHYAX 50.0% 16,800 0.80%
PIMCO High Yield B PHDBX 50.0% 16,800 1.65%
PIMCO High Yield C PHDCX 50.0% 16,800 1.65%
PIMCO High Yield D PHYDX 50.0% 16,800 0.90%
PIMCO High Yield Instl PHIYX 50.0% 16,800 0.55%
PIMCO High Yield P PHLPX 50.0% 16,800 0.65%
PIMCO High Yield R PHYRX 50.0% 16,800 1.15%
PIMCO High Yield Spectrum Fund Class A PHSTZ 44.0% 1,200 0.90%
PIMCO High Yield Spectrum Fund Class D PHSDX 44.0% 1,200 0.90%
PIMCO High Yield Spectrum Fund Institutional Class PHSIX 44.0% 1,200 0.55%
Pioneer Global High Yield A PGHYX 52.0% 2,400 1.09%
Pioneer Global High Yield C PGYCX 52.0% 2,400 1.78%
Pioneer Global High Yield Y GHYYX 52.0% 2,400 0.74%
Pioneer High Yield A TAHYX 47.0% 2,300 1.16%
Pioneer High Yield Y TYHYX 47.0% 2,300 0.81%
Principal High Yield A CPHYX 82.8% 3,500 0.92%
Principal High Yield B CBHYX 82.8% 3,500 1.70%
Principal High Yield C CCHIX 82.8% 3,500 1.63%
Principal High Yield I Inst PYHIX 67.4% 1,000 0.65%
Principal High Yield Inst PHYTX 82.8% 3,500 0.57%
Prudential High-Yield A PBHCZ 87.0% 2,200 0.88%
Prudential High-Yield B PBHYX 87.0% 2,200 1.38%
Prudential High-Yield C PRHCX 87.0% 2,200 1.63%
Prudential High-Yield L DHY1Z 87.0% 2,200 1.13%
Prudential High-Yield X DHX1Z 87.0% 2,200 1.63%
Prudential High-Yield Z PHYZX 87.0% 2,200 0.63%
Putnam High Yield A PHIGX 72.0% 1,400 1.00%
Putnam High Yield Advantage A PHYIX 57.0% 896 1.04%
Putnam High Yield Advantage B PHYBX 57.0% 896 1.79%
Putnam High Yield Advantage M PHYMX 57.0% 896 1.29%
Putnam High Yield Advantage Y PHAYX 57.0% 896 0.79%
Putnam High Yield B PHBBX 72.0% 1,400 1.75%
Putnam High Yield C PCHYX 72.0% 1,400 1.75%
Putnam High Yield M PHIMX 72.0% 1,400 1.25%
Putnam High Yield Y PHYYX 72.0% 1,400 0.75%
RidgeWorth High Income A SAHIX 148.0% 685 1.01%
RidgeWorth High Income I STHTX 148.0% 685 0.71%
RidgeWorth High Income R STHIX 148.0% 685 1.41%
RidgeWorth Seix High Yield A HYPSX 83.0% 2,100 0.77%
RidgeWorth Seix High Yield I SAMHX 83.0% 2,100 0.51%
RidgeWorth Seix High Yield R HYLSX 83.0% 2,100 1.20%
Rochdale Fixed Income Opportunities Portfolio RIMOX 59.7% 564 1.19%
RS High Yield A GUHYX 101.0% 136 0.95%
Rydex High Yield Strategy H RYHGX 583.0% 229 1.53%
SunAmerica High Yield Bond A SHNAX 52.0% 124 1.36%
SunAmerica High Yield Bond A SHNSZ 52.0% 124 1.36%
T. Rowe Price High-Yield PRHYX 75.4% 9,200 0.74%
T. Rowe Price High-Yield Adv PAHIX 75.4% 9,200 0.98%
T. Rowe Price Instl High Yield TRHYX 77.6% 2,600 0.50%
Third Avenue Focused Credit Fund Institutional Class TFCIX 105.0% 1,000 0.95%
Third Avenue Focused Credit Fund Investor Class TFCVX 105.0% 1,000 1.20%
TIAA-CREF High-Yield Fund Premier Class TIHPX 62.0% 1,400 0.55%
TIAA-CREF High-Yield Inst TIHYX 62.0% 1,400 0.40%
TIAA-CREF High-Yield R TIHRX 62.0% 1,400 0.65%
TIAA-CREF High-Yield Retail TIYRX 62.0% 1,400 0.59%
Touchstone High Yield A THYAX 62.0% 233 1.05%
Touchstone High Yield A THYCZ 62.0% 233 1.05%
Touchstone High Yield C THYCX 62.0% 233 1.80%
Touchstone High Yield Y THYYX 62.0% 233 0.80%
Transamerica High Yield Bond A IHY1Z 93.0% 602 1.12%
Transamerica High Yield Bond B INCBX 93.0% 602 1.84%
Transamerica High Yield Bond C INCLX 93.0% 602 1.76%
Transamerica High Yield Bond I TDHIX 93.0% 602 0.78%
Vanguard High-Yield Corporate Adm VWEAX 26.0% 17,000 0.13%
Vanguard High-Yield Corporate Inv VWEHX 26.0% 17,000 0.23%
Waddell & Reed High-Income A UNHIX 98.0% 1,600 1.10%
Wells Fargo Advantage High Income A SHBSZ 78.0% 765 0.91%
Wells Fargo Advantage High Income B WFNBX 78.0% 765 1.66%
Wells Fargo Advantage High Income C WFNCX 78.0% 765 1.66%
Wells Fargo Advantage High Income I SHYYX 78.0% 765 0.51%
Wells Fargo Advantage High Income Inv STHYX 78.0% 765 0.94%
Wells Fargo Advantage High Yld Bond A EKKSZ 70.0% 403 1.02%
Wells Fargo Advantage High Yld Bond Adm EKHYX 70.0% 403 0.80%
Wells Fargo Advantage High Yld Bond B EKHBX 70.0% 403 1.77%
Wells Fargo Advantage High Yld Bond C EKHCX 70.0% 403 1.77%
Wells Fargo Advantage S/T Hi-Yld Bd Inv STHBX 36.0% 982 0.85%
Wells Fargo Advantage Short-Term High Yeild Bond Fund Administrator Class WDHYX 36.0% 982 0.66%
Western Asset High Yield I WAHYX 103.0% 441 0.68%



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Why Are These Metrics Important?


Turnover
Turnover represents how much of a mutual fund's holdings are changed over the course of a year through buying and selling. Active mutual funds have an average turnover rate of about 85%, meaning that funds are turning over nearly all of their holdings every year. A high turnover means you could make lower returns because: 1) buying and selling stocks costs money through commissions and spreads and 2) the fund will distribute yearly capital gains which increases your taxes. Look for funds with turnover rates below 50%. For comparison, ETF turnover rates average around 10% or lower.

Assets
Generally, smaller funds do better than larger ones. The more assets in a mutual fund, the lower the chance that it will beat its index. Managers outperform an index by choosing stocks that are undervalued. In order to find these undervalued stocks, the manager has to know more than his competitors to develop an "edge." There are only a finite number of stocks a mutual fund manager can reasonably analyze and actively track to gain such a competitive edge. When the fund has more assets, the manager must analyze large companies because he needs to take larger positions. Large companies are more efficiently priced in the market and it becomes increasingly difficult to get an edge.