4 / 5 Stars
5 5 3 4 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#18 in Corporate Bond
U.S. News evaluated 47 Corporate Bond 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 3.02 percent over the past year, 7.05 percent over the past three years, and 11.05 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.0%|
|3 Years (Annualized)||7.0%|
|5 Years (Annualized)||11.1%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return consistent with current income. The fund invests at least 80% of its assets in corporate debt securities, including convertible debt securities. Although it will invest primarily in U.S. dollar denominated securities with a minimum rating in the lowest investment grade category at the time of purchase, the fund may invest up to 20% of its assets in debt securities that are below investment grade, also known as high yield securities or "junk bonds," and non-U.S. dollar denominated foreign debt securities. It normally maintains an average dollar-weighted effective maturity of three to fifteen years.
Fees are Above Average compared to funds in the same category.
BMO TCH Corporate Income Fund has an expense ratio of 0.50 percent.
Risk is Average compared to funds in the same category according to Morningstar.