2 / 5 Stars
3 3 1 2 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 33 Commodities Broad Basket Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 1.16 percent over the past year, and 0.90 percent over the past three years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-6.6%|
|3 Years (Annualized)||0.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund normally pursues its investment objective by (i) gaining exposure to a broad-based basket of commodities through commodity-linked derivative instruments, and (ii) seeking to generate excess returns by investing in long and short positions in (a) selected commodity-linked derivative instruments, (b) inflation-linked securities and derivatives, and (c) corporate and sovereign bonds of U.S. and foreign issuers, including those located in emerging markets. It may invest in fixed - income securities of any credit rating. The fund maintains a duration of less than or equal to four years. The fund is non-diversified.
Fees are Average compared to funds in the same category.
Eaton Vance Commodity Strategy Fund has an expense ratio of 1.50 percent.
Risk is Average compared to funds in the same category according to Morningstar.