2 / 5 Stars
1 1 3 1 4
Zacks Investment Research
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 20.50 percent over the past year, 7.56 percent over the past three years, 14.68 percent over the past five years, and 4.52 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.8%|
|3 Years (Annualized)||7.6%|
|5 Years (Annualized)||14.7%|
|10 Years (Annualized)||4.5%|
The investment seeks to provide a high level of current income together with long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets in investment grade securities convertible into common stock and synthetic convertible securities, which are derivative positions composed of two or more securities with investment characteristics that, when taken together, resemble those of traditional convertible securities.
Fees are Low compared to funds in the same category.
Victory Investment Grade Convertible Fund has an expense ratio of 1.50 percent.
Risk is Low compared to funds in the same category according to Morningstar.