3 / 5 Stars
4 4 3 2 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#9 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 2.59 percent over the past year, 5.91 percent over the past three years, 10.66 percent over the past five years, and 6.05 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.7%|
|3 Years (Annualized)||5.9%|
|5 Years (Annualized)||10.7%|
|10 Years (Annualized)||6.1%|
The investment seeks to provide as high a level of current income as is consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of investment-grade, fixed-income securities. It may invest up to 35% of its assets in fixed-income securities rated below investment grade. The Adviser may lengthen or shorten duration from time to time based on its interest rate outlook, but the fund has no set duration parameters. It may invest in derivative contracts or hybrid contracts. The fund may also invest in government securities that are supported by the full faith and credit of the U.S. government.
Fees are Above Average compared to funds in the same category.
Federated Bond Fund has an expense ratio of 0.98 percent.
Risk is Average compared to funds in the same category according to Morningstar.