4 / 5 Stars
5 5 3 1 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
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 0.17 percent over the past year, 6.15 percent over the past three years, 13.57 percent over the past five years, and 6.81 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.5%|
|3 Years (Annualized)||6.1%|
|5 Years (Annualized)||13.6%|
|10 Years (Annualized)||6.8%|
The investment seeks total return. The fund normally invests at least 80% of assets in corporate bonds. It focuses on corporate bonds that have investment grade credit ratings from a nationally recognized statistical rating organization (NRSRO). The average portfolio duration of the fund will generally vary within two years of the current average duration of the Barclays Capital U.S. Corporate Investment Grade Index. The fund may also invest up to 20% of its net assets in high yield corporate bonds. It may invest up to 35% of total assets in foreign securities.
Fees are High compared to funds in the same category.
Delaware Corporate Bond Fund has an expense ratio of 1.18 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.