Advance Capital I Retirement Income Fund

Scorecard
2 / 5 Stars
Lipper
2 1 5 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
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TheStreet.com
C (Hold)

U.S. News evaluated 49 Corporate Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 6.30 percent over the past year, 4.61 percent over the past three years, 6.82 percent over the past five years, and 4.02 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 4.8%
1 Year 6.3%
3 Years (Annualized) 4.6%
5 Years (Annualized) 6.8%
10 Years (Annualized) 4.0%

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Summary

The investment seeks current income at a moderate level of risk. The fund invests in a broad range of fixed income investments, with at least 65% of its total assets invested in corporate or U.S. government fixed income securities. Corporate fixed income securities may be investment grade or higher-yielding, below investment grade securities (so-called "junk bonds"). The advisor may adjust the average maturity of the fund's portfolio as well as the quality of bonds held, based on the interest rate outlook and current economic conditions.

Fees

Fees are Above Average compared to funds in the same category.
Advance Capital I Retirement Income Fund has an expense ratio of 0.88 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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