2 / 5 Stars
1 1 5 4 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#10 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 0.84 percent over the past year, 3.24 percent over the past three years, 4.69 percent over the past five years, and 4.02 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.9%|
|3 Years (Annualized)||3.2%|
|5 Years (Annualized)||4.7%|
|10 Years (Annualized)||4.0%|
The investment seeks to provide investors with current income. The fund invests at least 80% of its assets in a diversified portfolio of fixed-income securities (including convertible bonds). Most of the fund's investments are debt securities issued or guaranteed by the U.S. government, or its agencies, and corporate issuers. The fund may invest up to 25% of its assets in debt securities. It may purchase bonds of any maturity, but the fund will normally have a dollar-weighted average maturity between three and ten years.
Fees are Above Average compared to funds in the same category.
Rainier Intermediate Fixed Income Fund has an expense ratio of 0.55 percent.
Risk is Low compared to funds in the same category according to Morningstar.