
This fund primarily allocates its capital to corporate debt instruments that offer substantial returns but are accompanied by elevated risk, often referred to as "junk bonds." These holdings consist of bonds rated below the investment-grade threshold, meaning they have received a rating lower than Baa from Moody's Investors Service, Inc., or a rating inferior to BBB from S&P Global Ratings or Fitch Ratings. The fund may also include unrated bonds, provided the investment adviser deems them to be of comparable quality.
Is EIBRX's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
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