1 / 5 Stars
1 1 3 2 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 18 Convertibles 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 20.32 percent over the past year, 7.33 percent over the past three years, and 14.13 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||4.1%|
|3 Years (Annualized)||7.3%|
|5 Years (Annualized)||14.1%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return while keeping volatility low and preserving principal. Under normal conditions, the fund invests at least 80% of its assets in convertible bonds of U.S. and foreign companies, and may invest without limitation in foreign companies. It defines convertible bonds as including synthetic convertible bonds. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Miller Convertible Bond Fund has an expense ratio of 1.50 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.