2 / 5 Stars
4 4 3 2 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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.
The fund has returned 5.53 percent over the past year, and 4.63 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.6%|
|3 Years (Annualized)||4.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to achieve high current income and capital appreciation. The fund, under normal circumstances, seeks to achieve its investment objective by investing at least 80% of its assets in investment grade fixed income securities. It typically selects fixed income securities from several sectors including U.S. Treasuries and agency securities and corporate bonds. Although the fund invests primarily in investment grade fixed income securities, it may invest up to 20% of its total assets in high yield securities, or "junk bonds," rated Ba1 or lower by Moody's or BB+ or lower by S&P and Fitch.
Fees are Above Average compared to funds in the same category.
Estabrook Investment Grade Fixed Income Fund has an expense ratio of 0.70 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.