1 / 5 Stars
1 1 3 1 4
Zacks Investment Research
1 (Strong Buy)
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 10.77 percent over the past year, 3.10 percent over the past three years, 11.41 percent over the past five years, and 3.28 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||0.8%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||11.4%|
|10 Years (Annualized)||3.3%|
The investment seeks a high level of total return through a combination of current income and appreciation of capital. The fund will attempt to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in dividend paying securities (such as common and preferred stock) or other income producing securities (such as fixed-income securities and securities that are convertible into common stock). It intends to invest in at least three countries, including the United States, and will invest at least 40% of its total assets in countries other than the United States. The fund is non-diversified.
Fees are Low compared to funds in the same category.
The Gabelli Global Rising Income and Dividend Fund has an expense ratio of 2.00 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.