2 / 5 Stars
2 2 2 4 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 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 -0.84 percent over the past year, 4.18 percent over the past three years, 6.40 percent over the past five years, and 4.52 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.9%|
|3 Years (Annualized)||4.2%|
|5 Years (Annualized)||6.4%|
|10 Years (Annualized)||4.5%|
The investment seeks current income; preservation of capital is as a secondary objective. The fund primarily invests in a diversified portfolio of U.S. dollar denominated corporate obligations and other fixed income securities that are rated BBB-/Baa3 or better or unrated securities that the fund's Subadviser, Seix Investment Advisors LLC believes are of comparable quality. It invests at least 80% of its net assets (plus any borrowings for investment purposes) in corporate bonds. The fund may also invest in U.S. Treasury and agency obligations floating rate loans, and below investment grade, high yield debt obligations.
Fees are High compared to funds in the same category.
RidgeWorth Corporate Bond Fund has an expense ratio of 1.57 percent.
Risk is Average compared to funds in the same category according to Morningstar.